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589 Charlotteville Road 8
homes for sale · Norfolk · Rural Charlotteville
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$8,695,000

589 Charlotteville Road 8

Rural Charlotteville, Norfolk · MLS® X13082824

3210

House · Agriculture · 173 days on market

listed by Callum Williams, RE/MAX a-b Realty Ltd Brokerage

realtor's description

An exceptional opportunity to acquire a well-established, large-scale wholesale tulip operation with over 20 years of proven success. Situated on 50 acres, this turnkey business has been continually expanded and improved, with significant capital investment over the past decade. The property features 98,000 sq. Ft. of double poly greenhouse space with the capacity to produce up to 15 million tulip stems annually. Supporting infrastructure is extensive and purpose-built, including 26,000 Sq. Ft. of dry warehousing (2022), 22,000 Sq. Ft. of cold storage, automated packaging and processing lines, and a modern employee bunkhouse accommodating up to 20 staff. With a strong, established wholesale customer base across north America, this operation offers immediate cash flow and long-term growth potential. The site is well-positioned for expansion, with sufficient land and infrastructure in place to potentially double greenhouse production. An ideal opportunity for investors or operators looking to enter or expand within the floriculture industry or to repurpose a highly improved agricultural asset for alternative greenhouse crops.

property details

type
House, Agriculture
bedrooms
3
bathrooms
2
parking
10
property tax
$21,040 / yr
days on market
173
MLS®
X13082824

monthly cost

$39,637/mo
Mortgage $37,883 · Tax $1,753

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

estimated payment
$37,883/ monthly
loan $6,956,000
25-year amortization
total interest
$4,408,984
cash to close
$1,739,000
down payment; transfer tax and fees not included
total paid
$11,364,984

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

location

Rural Charlotteville, NorfolkGoogle Maps ↗

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listed by
Callum Williams
RE/MAX a-b Realty Ltd Brokerage
call Callum · 519-572-8069
Powered by: REALTOR.ca
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similar homes nearby

location

Rural Charlotteville, NorfolkGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

nothing comparable on the market right now.