$ 1.690.000

Lot 5 6 Norfolk County 45 Rd E, Norfolk

2 Photos

Lot 5 6 Norfolk County 45 Rd E, Norfolk, ON N0E1G0 Photo 2

MLS®: x8201408
Type: Farm and Ranch

Added: 29 days ago

Property Details

Vegetable ground in Norfolk County. This 93.72 acre farm has 64 workable acres of well, naturally drained land. Soils are a mix of Plainfield, Walsingham, Waterin sand. Supplementing this farm is a very large pond and dam to supply fulsome irrigation year-round. Included on the farm is a 2 story bunkhouse 24X30 with a capacity for 6 people and a shed with concrete floor 45X60 + 14X36 + 10X26. The farm is under contract for 2024, generating good income from land, bunkhouse, shed and oil lease (see attachment). Good access to this farm on a paved road, 20 minutes to Tillsonburg and 20 minutes to the shores of Lake Erie. (id:1945)

Best Mortgage Rates

Property Information

Photos Count: 2
Structure Type: Unknown
Street Dir Suffix: East
Tax Annual Amount: 2078.33
Lot Size Dimensions: 1663 x 2283 Acre

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Nearby Places

Name	Type	Address	Distance
Simcoe Natural Foods	Health	10 Norfolk St S	0.0 km
Serafina Good Food	Restaurant	14 Norfolk St S	0.0 km
Norfolk Arts Centre	Art gallery	21 Lynnwood Ave	0.1 km
Tim Hortons	Cafe	30 Water St	0.2 km
Blue Elephant	Bar	96 Norfolk St S	0.2 km
Talbot Gardens Arena	Stadium	10 Talbot St N	0.3 km
Talbot Gardens	Opened in 1946, Talbot Gardens helped filled a nee...		0.3 km
Simcoe Composite School	School	40 Wilson Ave	0.4 km
Simcoe Composite School	More than 800 students attend this rural secondary...		0.4 km
Food Basics	Grocery or supermarket	150 West St	0.5 km
Simcoe Rotary Friendship Festival	The Simcoe Rotary Friendship Festival (formerly kn...		0.7 km
Norfolk County Fair and Horse Show	This festivities begin on the Tuesday before Thank...		0.8 km

Similar Farms Stat in Norfolk

We have found 6 Farm and Ranches that closely match the specifications of the property located at Lot 5 6 Norfolk County 45 Rd E with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 1,198,000 and 1,999,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Farm and Ranches in the N0E1G0 postal code area of Norfolk Ontario Canada.

Lot 5 6 Norfolk County 45 Rd E mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at Lot 5 6 Norfolk County 45 Rd E. The current price of the property is $1,690,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $1,352,000. This would result in a monthly mortgage payment of $7,903 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Master's degree	10
Bachelor's degree	75
University / Above bachelor level	10
Certificate of Qualification	10
College	140
University degree at bachelor level or above	95

Neighbourhood Marital Status Stat

Married	400
Widowed	55
Divorced	40
Separated	15
Never married	150
Living common law	65
Married or living common law	460
Not married and not living common law	265

Neighbourhood Construction Date

1961 to 1980	15
1981 to 1990	70
1991 to 2000	105
2001 to 2005	35
2006 to 2010	50
1960 or before	70

Nearby Cities	Listings	Avg. price
Delhi	56	$907.042
Tillsonburg	129	$951.575
Port Dover	67	$1.079.607
Simcoe	126	$803.034
Woodstock	152	$774.783
London	1854	$931.543
Ingersoll	52	$1.124.161
Lincoln	80	$1.247.694

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