Gurvinder Nokwal REALTOR®
For Sale Detached 188 days on market

$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
Map

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

Minimum for this price: $36,900 (5.96%)

Amortization, years

Estimated mortgage payment

$2,741 per month

Principal and interest
$2,741
Property tax
$272
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
Total, before legal fees
$132,655
Talk to me about financing

Estimates 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

2474 Highway 24 W, Norfolk, ON N0E 1Y0 Townsend, Norfolk, ON N0E 1Y0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$619,000 2474 Highway 24 W, Norfolk, ON N0E 1Y0
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