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594440 59 Highway
homes for sale · Norwich · Rural Norwich
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$2,450,000

594440 59 Highway

Rural Norwich, Norwich · MLS® X13487336

4214

House · Agriculture · 121 days on market

listed by Danielle Niejadlik, Gale Group Realty Brokerage Ltd

realtor's description

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.

property details

type
House, Agriculture
bedrooms
4
bathrooms
2
parking
14
property tax
$4,295 / yr
days on market
121
MLS®
X13487336

monthly cost

$11,032/mo
Mortgage $10,674 · Tax $358

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

estimated payment
$10,674/ monthly
loan $1,960,000
25-year amortization
total interest
$1,242,325
cash to close
$490,000
down payment; transfer tax and fees not included
total paid
$3,202,325

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

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listed by
Danielle Niejadlik
Gale Group Realty Brokerage Ltd
call Danielle · 519-761-0654
Powered by: REALTOR.ca
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location

Rural Norwich, NorwichGoogle Maps ↗

location

Rural Norwich, NorwichGoogle 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.