161 days on market
$2,990,000
For Sale

2492 Highway 24

Simcoe, Norfolk

3 Bed|2 Bath|Yes|161 days on market

$2,990,000

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Home Details

Taxes
$709 / month
Total Parking Spots
7
Driveway
Available
Garage Spaces
7
Furnished
No
Lot Size
560.00 x 969.00 Acres
Move-in Date
Jun 30, 2024
Building Age
31-50 Years
Hydro Included
No
Water Included
No
Family Room
Yes
Basement
Full
Fireplace
N
Central Vaccum
No
Exterior
Brick Front
Property Type
Farm
Style
Bungalow
Status
New
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Listing Description

Attention developers, investors, and farmers:Discover 12.3 acres of flat land with approximately 560 feet of frontage. This prime location is just 4-5 minutes from the city center, positioned on one of the busiest stretches of Highway 24, Simcoe's commercial corridor. Less than an hour to Hamilton and two hours to Toronto, this area is accessible to over 150 million consumers within a short drive, facilitating easy distribution of fresh produce across North America.The property includes a 171,000 sq ft greenhouse facility, featuring a mix of partial glass and mostly poly construction. The main areas provide 14-16 ft to gutters, with roof venting and full shading throughout. Additionally, there is one large solid red brick house on the site, making it a perfect place for vegetable and flower production, as well as a garden center and convenient living. Invest and grow your produce today and watch the potential land development and land value skyrocket in the coming years!This property will be sold "as is." A Vendor Take-Back Mortgage is possible. Lease-to-own is also possible. Dont miss out on this rare opportunitybook your private showing now!

Property History

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Rooms

Room dimensions for 2492 Highway 24, Norfolk
2nd Br
16 x 20320 sqft

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 2492 Highway 24 is 15448

Price

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Rate

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$2990000
Down Payment$598000
Mortgage Insurance$0
Total Mortgage$2392000

Monthly Payment


Mortgage Payment$14740
Property Taxes$708
Maintenance Fees$0
Monthly Payment$15448
$15448
monthly

About 2492 Highway 24, Norfolk

Located at 2492 Highway 24 , this Norfolk house is available for sale. This property was listed for $2,990,000 on Thu Aug 01 2024. This house's size is 1500-2000 Sqft. It has 3 bedrooms and 2 bathrooms. The property includes the following rooms: 2nd Br. This property comes with 7 parking spots. 2492 Highway 24, Norfolk is situated in the Simcoe neighbourhood.


MLS#: X8443064 · $2,990,000 · 3 bedroom house in Simcoe, Norfolk