$1,149,000
For sale: Other

MOTIVATED SELLER! MAJOR PRICE REDUCTION FROM $1.57M TO $1.149M! Rare opportunity to own approx. 10 acres near Simcoe combining land investment, agricultural business potential & country living. Surrounded by productive farmland and nearby residential development, this property is well positioned for future growth and long-term land-value potential. Ideal for greenhouse and specialty farming with fertile sand-loam soil, ample water, hydro & connected natural gas. 3-phase power is available along the front road, offering excellent potential for greenhouse vegetables, processing, refrigeration and other agricultural operations. Located in Norfolk County, the heart of Ontario's ginseng industry, offering unique potential for ginseng/high-value crop production, processing, storage, wholesale and trade with Canadian & Asian markets. Excellent flexibility for multi-generational living, with potential for an additional detached residential dwelling subject to zoning and approvals. Minutes to Simcoe, Long Point, Lake Erie and provincial recreation areas-ideal for family living, B&B/rural tourism or a private country retreat. Existing 1,707 sq.ft. 3-bedroom bungalow, detached 2-car garage, and multiple outbuildings, including one with hydro & water. **SELLER IS MOTIVATED AND READY TO MAKE A DEAL!** Invest, farm, live and grow-an exceptional 10-acre opportunity with value today and exciting possibilities for tomorrow
Sold data
Homes in Norfolk took a median of 45 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 79, across 138 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 65 days.
The median sale price was $612,500.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 33% of sellers reduced their price before finding a buyer.
Based on 138 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Currently for sale

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