$899,900
For sale: Other

49.6-acre parcel of sandy-loam farmland in Norfolk. Comprised of approx. 28 workable acres and the rest in bush and air strip/runway space. The land has most recently been farmed in a cash crop rotation by a tenant farmer and all but approximately 2 acres have grown ginseng. The A zoning permits a home to be built here. There is a natural gas well on the property, producing more than enough (free) gas for household use and then some. Hydro and high-speed internet available at the road. Add to your existing land base or begin your farmland investment right here. This is a nice block of ground, having 129' of frontage on a quiet paved road, 15 mins from Hwy 403 access. Do not miss this opportunity, book your private viewing today.
Sold data
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 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 65 days.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.
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