53-acre hobby farm with three barns and renovated home near Waterford

Property details for 8 Concession 8 Townsend, Waterford

Type: Residential
Bedrooms: 3
Bathrooms: 2
Living Area: 1,938 square feet
Lot Size: 53.16
Stories: 1.5
Basement: Unfinished, Partial
Parking: Attached Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Vinyl siding
Ownership: Freehold
Annual Taxes: $2,923

This is a 53-acre hobby farm with a 1,938 sq ft house built in 1945. It's got 3 beds and 2 baths, plus a partial unfinished basement. Photos show vinyl siding outside and a layout with a 13'5" x 12'10" living room and an 11'9" x 11'5" kitchen on the main level. There's a primary bedroom upstairs at 13'9" x 14'6" and a smaller 7'8" x 13'4" bedroom. Three barns measure 40'x25', 30'x25', and 19'x19' for storage or projects. About 28.5 acres are workable sandy loam in cash crop, with the rest as bush and yard. It's on a high-traffic road with over 300 ft of Highway 24 frontage, near Waterford Ponds and walking trails. You're 4 km from Tim Hortons and 4.1 km from Waterford District High School, with Highway 403 access for commuting. The property has forced air heating, central AC, a septic system, and sand point water. Taxes are $2,923 annually, and it's listed at $1,399,900.

About 8 Concession 8 Townsend, Waterford — Property Score

Great Location

Score: 58/100

Value

Priced 91.3% above area median of $731,950 based on 24 comparable properties nearby 1

$722/sqft - 77% above the $408/sqft area median 1

Stable pricing - no price changes since original listing date 50

Size

1,938 sqft - 19% less space than similarly priced homes (2,389 sqft median) 45

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

2 bathrooms - 1 fewer than similarly priced properties nearby 48

2,315,650 sqft lot - an oversized lot for the area 90

Location

$89K median household income - above the Canadian average of $70K 75

81% of residents hold postsecondary credentials - a highly educated neighbourhood 89

87% homeownership rate - indicating a stable, owner-occupied community 91

53% of residents commute under 30 minutes - good commuting convenience 73

96/km² population density - a rural or semi-rural setting 55

Market

Just listed - area average is 27 days on market 100

-2.6% median price change over 1 month - stable pricing in the area 37

26 months of housing supply - 26 active listings with 1 sold last month (buyer's market) 40

Features

9-car garage - more than the area average of 5.7 spots 95

Unfinished, Partial basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

Built in 1945 (81 years old) - established home with character, older than the area average (1991) 35

No premium extras like pool, waterfront, or view 50

Investment

0.21% effective tax rate ($2,923/yr) - very low tax burden 94

13% renter population - primarily owner-occupied area 46

Quality

Condition

Listing

26 photos provided - below the area average of 32 photos 92

7 of 7 key property details provided (100%) - comprehensive listing with excellent detail 95

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.