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1252 EAST QUARTER LINE Road

1252 EAST QUARTER LINE Road

Norfolk, Ontario

2 bed • 2 bath • Agriculture

$899,900

Opportunity awaits on this 47-acre farm offering approximately 15 acres of workable land, ideal for those looking to build equity and create their dream rural property. The 30,000 sq ft greenhouse has been previously used but will require work to restore it to its full potential. The modular home is currently tenanted and features a functional main floor layout with 2 bedrooms, 2 bathrooms, and an open-concept living room, dining area, and kitchen. The basement includes a spacious rec room and offers the potential to add at least two additional bedrooms. A gas well on the property services the home and presents an excellent opportunity to supplement the greenhouse with the right setup. Set in a private location overlooking rolling fields, this property offers a peaceful setting with plenty of upside for those willing to invest some work, perfect for a work from home lifestyle or small farming venture.

Price History

Community

Postal area N3Y

Population
23,402
Private dwellings
10,382
Median age
49.2
Average household size
2.3
Median household income
$77,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Agriculture in Norfolk · last 12 months

Median sold price
$585,000
Homes sold
478
Median days on market
41
Sale-to-list price
96.0%

Based on 478 recorded sales of agriculture properties in Norfolk over the last 12 months.

Location

Mortgage Calculator

$179,980

Estimated Monthly Payment

$4,421

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $4,421/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $225/mo

Estimates only. Consult a financial advisor.

R

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