1568 HIGHWAY 59 S, Norfolk1568 HIGHWAY 59 S, Norfolk — photo 21568 HIGHWAY 59 S, Norfolk — photo 31568 HIGHWAY 59 S, Norfolk — photo 41568 HIGHWAY 59 S, Norfolk — photo 51568 HIGHWAY 59 S, Norfolk — photo 61568 HIGHWAY 59 S, Norfolk — photo 71568 HIGHWAY 59 S, Norfolk — photo 81568 HIGHWAY 59 S, Norfolk — photo 91568 HIGHWAY 59 S, Norfolk — photo 101568 HIGHWAY 59 S, Norfolk — photo 111568 HIGHWAY 59 S, Norfolk — photo 121568 HIGHWAY 59 S, Norfolk — photo 131568 HIGHWAY 59 S, Norfolk — photo 141568 HIGHWAY 59 S, Norfolk — photo 151568 HIGHWAY 59 S, Norfolk — photo 161568 HIGHWAY 59 S, Norfolk — photo 171568 HIGHWAY 59 S, Norfolk — photo 181568 HIGHWAY 59 S, Norfolk — photo 191568 HIGHWAY 59 S, Norfolk — photo 201568 HIGHWAY 59 S, Norfolk — photo 211568 HIGHWAY 59 S, Norfolk — photo 221568 HIGHWAY 59 S, Norfolk — photo 23
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For Sale · Land

1568 HIGHWAY 59 S, Norfolk

1568 HIGHWAY 59 S, Norfolk, ON N0E1M0

$1.4M total

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Asset Class

Land

Size

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Building class

A

Zoning

AG — Agricultural

$ / SF

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Occupancy

95%

About this property

Stunning 48 acre rural estate farm. Boundless agricultural & lifestyle potential with this countryside sanctuary. The perfect blend of scenic beauty, privacy, and function. Ideal for equestrian enthusiasts, hobby farmers, or those seeking an expansive retreat. The property features a well-balanced mix of fertile tillable land and mature woodlands. At the heart of the estate is a beautifully maintained four-bedroom, two-bathroom country home featuring a welcoming 22ft x 19ft screened patio and many updates, complemented by additional buildings including a large 50ft x 28ft heated barn and additional 24ft x 14ft heated workshop. Home has 200 amp service and the barn has an additional 200 amp service. Recreation and fun are front and centre with a games room in the barn, volleyball net and ice rink for the winter. Conveniently located just minutes from Port Rowan and Long Point while offering the country lifestyle. This versatile property is a rare opportunity to launch an agricultural venture or enjoy a premium rural lifestyle. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.40M
Down payment30% · $420K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$6K

Projected NOI

$70K

Annual cash flow

$-8K

Cash-on-cash

-1.90%

DSCR

0.90

Going-in cap

4.97%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

139,957

Households

53,127

Median income

$133,500

Median age

39.4

Daytime population

197,245

5-yr growth

8.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 1568 HIGHWAY 59 S, Norfolk.

NDA required

  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.