281 Conc 2 Townsend

Townsend, Norfolk · MLS® X13097746

50 sq ft · 50 sq ft lot · Land · Agriculture · 170 days on market

listed by ADAM DEGROOTE, RE/MAX TWIN CITY REALTY INC.

realtor's description

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.

property details

type: Land, Agriculture
living area: 50 sq ft
lot: 50 sq ft
parking: 0
property tax: $1,162 / yr
days on market: 170
MLS®: X13097746

monthly cost

$4,018/mo

Mortgage $3,921 · Tax $97

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$3,921/ monthly

loan $719,920

25-year amortization

down payment20% · $179,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $456,313
cash to close: $179,980; down payment; transfer tax and fees not included
total paid: $1,176,233

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.