$619,000
Est. payment $2,741/moCalculate yours
2474 Highway 24 W, Norfolk, ON N0E 1Y0
Townsend, Norfolk, ON N0E 1Y0
- 3 Beds
- 2 Baths
- 1,100 Sq Ft
Listing courtesy of RIGHT AT HOME REALTY MLS® X12992906
About this home
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.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 1,100 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 2
- Kitchens
- 1
- Basement
- Full
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Unknown
- Roof
- Asphalt Rolled
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 70 x 681 Feet
- Parking
- None garage · 3 total
- Zoning
- A
Financial
- Property Taxes
- $3,258 (2026)
Location
- Neighbourhood
- Townsend
- Cross Street
- Woodland Dr/Highway 24
- Direction Faces
- West
Listing
- MLS® Number
- X12992906
- Days on Market
- 188
- Listed On
- 2026-04-13
- Listed By
- RIGHT AT HOME REALTY
Features
Interior
- Sump Pump
Pool
- None
Mortgage calculator
Estimated mortgage payment
$2,741 per month
- Principal and interest
- $2,741
- Property tax
- $272
- Condo fees
- $0
- Estimated monthly cost
- $3,012
Your mortgage
- Mortgage amount
- $495,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $327,039
Cash to close
- Down payment
- $123,800
- Land transfer tax
- $8,855
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $132,655
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.