2466 HIGHWAY 24 EXPRESSWAY, Norfolk (Townsend)

$1,359,000

For sale: Other

Other at 2466 HIGHWAY 24 EXPRESSWAY, Norfolk (Townsend)
Property type
Farm
Bedrooms / bathrooms
7 bedrooms, 3 bathrooms
MLS®
MLS® X13538070
Neighbourhood
Townsend

Exceptional opportunity to own a fully operational turnkey greenhouse vegetable farm situated on approximately 6 acres. This meticulously maintained property offers approximately 77,000 sq. ft. of greenhouse, warehouse, and production space, including 22,000 sq. ft. equipped with full supplemental lighting for year-round growing. The facility features two natural gas-fired boilers, three-phase hydro, a backup generator, a large water storage tank, an irrigation pond, two cooler rooms, and loading docks designed for efficient production and inventory management.The property also includes a newly renovated 4-bedroom, 3.5-bathroom residence with office space, currently generating approximately $2,500 per month in rental income. Additional highlights include over 20 parking spaces, approximately 1.5 acres of vacant land with fertile sandy loam soil for future expansion or outdoor cultivation, high-speed internet, and telephone service at the roadside.Ideally suited for greenhouse vegetable production, hydroponics, herbs, leafy greens, specialty crops, nursery operations, or other intensive agricultural ventures. Conveniently located in a thriving rural community near the City of Simcoe with direct access to Highway 24, close to major amenities and popular tourist destinations. Less than one hour to Hamilton and approximately two hours to Toronto. A rare investment opportunity for commercial growers, agricultural operators, and investors seeking a well-equipped, income-producing greenhouse operation with significant growth potential. Additional interior features include a sump pump, forced-air natural gas heating, and central air conditioning for year-round comfort. The home showcases a durable brick and vinyl siding exterior with an asphalt rolled roof and is serviced by a private well and septic system. Utilities include natural gas, hydro, cable, and telephone. The property offers convenient front-yard.

Sold data

Homes in Norfolk (Townsend) — recent sold market

Homes in Norfolk (Townsend) 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 134 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 66 days.

The median sale price was $599,950.

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 28% of sellers reduced their price before finding a buyer.

Median days to sell
45
Median sale price
$599,950
Sale-to-list ratio
96.7%
Sold above asking
9%

Based on 134 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 2466 HIGHWAY 24 EXPRESSWAY