For Sale · Land

264 OLD HIGHWAY 24 Road, Waterford

264 OLD HIGHWAY 24 Road, Waterford, ON N0E1Y0

$899,000 total

—

Asset Class

Land

Size

—

Building class

B

Zoning

AG — Agricultural

$ / SF

—

Occupancy

91%

Lot Size

33.437 ac

About this property

Grow your future in Norfolk County. Situated in Bloomsburg, just outside Simcoe and near Waterford, this approximately 33-acre farm offers open fields, a peaceful R rural setting, and an opportunity to own agricultural land in a community with deep farming roots. Backing onto an established golf course and Bloomsburg Public School, the property enjoys a distinctive setting within this rural community. With 30 acres currently cultivated for cash crops, the property offers substantial workable acreage for buyers looking to expand their agricultural holdings or invest in farmland. Provincial mapping indicates predominantly sandy soils. Enjoy the appeal of the countryside with convenient proximity to the shops, services, and amenities of Simcoe and Waterford. Whether you're an established farmer looking to grow your operation or an investor seeking agricultural land to hold for the years ahead, this Bloomsburg property deserves a closer look. Discover the setting, walk the land by appointment, and explore the opportunity to make these acres part of your future. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$899K
Down payment30% · $270K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$45K

Annual cash flow

$-5K

Cash-on-cash

-1.79%

DSCR

0.90

Going-in cap

5.00%

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

74,861

Households

28,235

Median income

$85,500

Median age

43.3

Daytime population

105,789

5-yr growth

4.1%

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

Secure deal room

Confidential diligence documents for 264 OLD HIGHWAY 24 Road, Waterford.

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.