594440 59 HIGHWAY, Norwich

$2,450,000

For sale: Other

Other at 594440 59 HIGHWAY, Norwich
Property type
Farm
Bedrooms / bathrooms
4 bedrooms, 2 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13487336
Neighbourhood
Rural Norwich

Located just 3 minutes from the 401, south of Woodstock, this outstanding opportunity to acquire a high-potential 25-acre rural investment property in a prime location. This is a rare offering that combines strong current income with significant long-term investment potential. Approximately 20 acres of flat, highly productive farmland are currently leased, generating immediate and stable cash flow. The remaining 5 acres feature a well-maintained approximately 2,400 sq. ft. four-bedroom, 2 bathroom home, also leased to long-term reliable tenants who are willing to stay or vacate, providing flexibility for investors or personal use. A standout feature of this property is the extensive collection of outbuildings, offering exceptional versatility and income potential. Notable structures include a drive shed (approx. 130' x 60'), a truck garage (60' x 60'), and a garage/workshop/toy storage building (24' x 60'). Totalling more than 13,000 square feet of storage space, these facilities are well-suited for equipment storage, rental income, workshop uses, or home-based business operations. Currently Zoned A2 (Agricultural), the property supports a wide range of permitted rural and agricultural uses, making it an ideal fit for investors, farmers, tradespeople, or entrepreneurs seeking a strategic base in a growing region. Purchasers are encouraged to investigate future land use, zoning and development possibilities. Opportunities of this scale, offering acreage, infrastructure, and diversified income streams in such a sought-after location are exceptionally rare. This is a chance to secure land, income, and future value in one compelling package.

Sold data

Homes in Norwich — recent sold market

Homes in Norwich took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 9 days and the slowest quarter taking more than 71, across 37 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 70 days.

The median sale price was $689,900.

Homes sold for about 2.1% below asking on average, so there was room to negotiate.

About 22% of sales closed above the list price.

Around 27% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$689,900
Sale-to-list ratio
97.9%
Sold above asking
22%

Based on 37 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Norwich

Norwich has 1 Fraser Institute–rated school (1 elementary).

Rated schools
1
Elementary
1

Top-rated schools in Norwich

  • Emily StoweelementaryFraser rating 4.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 594440 59 HIGHWAY