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For saleMLS® X12992906

2474 Highway 24 W, Norfolk, ON N0E 1Y0

Townsend · N0E 1Y0

$619,000

$563 / sq ft

6 months on market

Bedrooms
3
Bathrooms
2
Interior
1,100 sf
Parking
3
Lot
70 × 681 ft

What's special

  • 3 parking spaces
  • Central air
  • Sump pump

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About this property

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.

Features

  • Sump Pump

Property details

Property

Property type
detached
Bedrooms
3
Bathrooms
2
Interior size
1,100 sq ft
Lot size
70 × 681 ft
Zoning
A
Possession
Flexible

Interior

Basement
Full
Heating
Forced Air · Gas
Cooling
Central Air
Exposure
West

Exterior & services

Construction
Vinyl Siding
Parking spaces
3
Sewer
Septic

Costs

List price
$619,000
Property taxes
$3,258 / year (2026)
Price per sq ft
$563

Listing

MLS® number
X12992906
Status
For sale
Listed
April 13, 2026
Days on market
205
Last updated
August 7, 2026
Listing brokerage
RIGHT AT HOME REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 33% of comparable detached listings in Norfolk are asking less.

$462KMedian $708K$1.23M
This home
$563 / sq ft
Comparable median
$582 / sq ft

Based on 96 comparable active detached listings in Norfolk. These are asking prices, not sale prices.

Mortgage estimate

Down payment6.0% · minimum $36,900
$36,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$3,218.53
Property tax (est.)
$271.50
Estimated monthly
$3,490

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$8,855
Total due on closing
$8,855

An estimate on the asking price of $619,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of RIGHT AT HOME REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$619,000

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Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

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