1632 Highway 3
Norfolk, ON
- 3 bed
- 1 bath
- approx. 700-1100 sqft
- Farm
- 54 days on market
A Rare Opportunity - 38.63 Acres of Endless Potential with Vendor Take-Back Financing Available! Discover the possibilities on this approximately 38.63-acre farm, offering approximately 30 workable acres currently rented at $400 per acre annually, providing immediate income potential. Surrounded by nature, this unique property features a beautiful freshwater trout stream and pond, creating a peaceful country setting just minutes from shopping, schools, banks, and churches. The property includes a 3-bedroom home with an in-ground kidney-shaped swimming pool, a 100 x60' pack barn, pole barn, 2-car detached garage, large workshop, two 200-foot greenhouses, and numerous independent storage units formerly used for tobacco drying. With fertile, productive soil suitable for a wide variety of crops, this property is ideal for farmers, hobby farmers, investors, or those seeking a country estate with income potential. A rare financing opportunity! The seller is willing to provide an attractive Vendor Take-Back (VTB) mortgage at a competitive interest rate, for a term of up to 4 years, subject to mutually agreed terms and buyer qualification. A true diamond in the rough-bring your vision and unlock this property's incredible potential!
Listing Details
- Taxes (2025)
- $3,342
- Originally Listed
- $1,699,999
- Listed
- July 27, 2026
Price History
Property
- Style
- 1 1/2 Storey
- Construction
- Brick
- Roof
- Asphalt Shingle
- Interior
- Other
- Lot Size
- 1077.69 x 1340.23 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 0
- Total Parking
- 20
Utilities
- Sewer
- Septic
- Heat Source
- Gas
Location & Legal
- Cross Street
- Highway 3 & Rhineland Rd
- Parcel Number
- 501550163
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- All pool equipment, 1 fridge, 1 stove, 1 hood range, all elf's and all blinds.
- Exclusions
- Everything else
- Rental Items
- Hot water tank
Schools
Elementary
- Delhi Public School4.9 km
Public · Grand Erie DSB · 375 students
Grade 3 reading: 81% met the provincial standard · Grade 6 math: 69% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N4B
- Population
- 8,223
- Private dwellings
- 3,459
- Median age
- 44.4
- Average household size
- 2.4
- Median household income
- $78,000
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
Residential Freehold in Norfolk · last 12 months
- Median sold price
- $585,000
- Homes sold
- 470
- Median days on market
- 42
- Sale-to-list price
- 96.0%
Based on 470 recorded sales of residential freehold properties in Norfolk over the last 12 months.
Listed by
RE/MAX WEST REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Mortgage Calculator
$320,000
Estimated Monthly Payment
$7,860
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,860/mo (20% down, 5.5%)
Taxes: $278/mo · Insurance: $400/mo
Estimates only. Consult a financial advisor.
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