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1126 LAKESHORE Road

1126 LAKESHORE Road

Norfolk, ON

  • 50 sqft
  • Farm
  • 789 days on market
$900,000Price reduced 40%

Super Rare Opportunity! Stunning 50.5-acre farm property overlooking Lake Erie with 1,100 of lake frontage. There are approx. 37 workable sandy-loam acres, currently in a cash crop rotation by the owner and never grown ginseng. There is a wind turbine on the property which netted $8,662.60 in total for 2023 in rental income & profit sharing. Build your dream home here with the A-HL zoning. Imagine the possibilities this wonderful property presents. Do not delay, book your private viewing today before this once-in-a-lifetime opportunity passes you by!

Listing Details

Taxes (2023)
$5,031
Originally Listed
$1,500,000
Listed
July 12, 2024

Price History

Location & Legal

Cross Street
CONC RD 6 ENR
Zoning
A-HL
Parcel Number
501100136
Occupancy
Owner

Included

Exclusions
2026 field crop; wind turbine

Community

Postal area N0E

Population
36,557
Private dwellings
15,375
Median age
46
Average household size
2.6
Median household income
$92,000

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

Commercial in Norfolk · last 12 months

Median sold price
$585,000
Homes sold
475
Median days on market
41
Sale-to-list price
95.9%

Based on 475 recorded sales of commercial properties in Norfolk over the last 12 months.

Listed by

RE/MAX TWIN CITY REALTY INC.

Walk Score

0

Walk

32

Bike

Scores by Walk Score®

Commercial figures

Annual property tax
$5,031

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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