2474 Highway 24 West

Norfolk, ONDetached
$619,000
MLS® X12992906
Detached3 beds2 baths3 total
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About This Property

Prime 2-Acre Investment Opportunity on High-Exposure Highway 24 in Waterford! Ideally located just minutes to Simcoe and Highway 3, approximately 15 minutes to Highway 403, 30 minutes to Brantford, and under 1 hour to Hamilton. This level, fully fenced property offers outstanding visibility, easy access, and excellent future potential. Featuring a wide concrete driveway with possible secondary farm access, this versatile parcel is ideal for a wide range of residential, agricultural, and commercial-style rural uses. The fertile sandy loam soil and picturesque creek at the rear create the perfect setting for greenhouse operations, nursery or garden center, hobby farm, landscaping yard, contractor shop, plumbing or mechanical workshop, dog daycare and training facility, mini storage business, or other agri-related enterprises. Plenty of space available for additional outbuildings, workshops, barns, greenhouses, or future expansion. Full services include natural gas, hydro, and high-speed internet, making this property ideal for live/work operations, home-based businesses, and long-term investment potential. Excellent exposure and strategic location provide strong opportunities for income generation and future growth, including possible long-term residential development potential. The property includes a detached 3-bedroom, 2-bath bungalow offering approximately 1,012 sq ft on the main level, plus a bright basement with large windows. Extensive renovations have already been completed (approximately 85%), including updated electrical, wall improvements, and a new pump system. Property is being sold in "as is" condition, presenting exceptional value-add potential for investors, entrepreneurs, or end users.Rare opportunity to own a highly versatile rural property with strong highway exposure, infrastructure in place, and multiple possible income streams. (id:63604)

Key Facts

Type
Detached
Beds
3
Baths
2
Size
1,100 sqft
Lot
70 x 681 FT
Parking
3 total
Property Details 17 details
Bedrooms
3 bedrooms
3 above grade
Bathrooms
2 bathrooms
Parking
3 parking spaces
No Garage
Living area
1,100 - 1,500 sq. ft.
Property
Single Family · Bungalow · Freehold · Detached
Property subtype
Single Family
Structure type
House
Architectural style
Bungalow
Ownership
Freehold
Attached status
Detached
Storeys
1
Basement
Full
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
70 x 681 FT
Frontage
70 feet
Taxes
$3,258.00 (2,025)
Zoning
A
Sewer
Septic System

Exterior features

Vinyl siding

Lot and water

Sump Pump
Mortgage & Affordability Estimate monthly costs
Purchase price$619,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Townsend
City
Norfolk
Postal code
N0E 1Y0
Nearby
Cross Streets: Woodland Dr/Highway 24. ** Directions: W.