The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Prime 2-Acre Investment Opportunity on High-Exposure Highway 24 in Waterford! Ideally located just minutes to Simcoe and Highway 3, approximately 15 minutes to Highway 403, 30 minutes to Brantford, and under 1 hour to Hamilton. This level, fully fenced property offers outstanding visibility, easy access, and excellent future potential. Featuring a wide concrete driveway with possible secondary farm access, this versatile parcel is ideal for a wide range of residential, agricultural, and commercial-style rural uses. The fertile sandy loam soil and picturesque creek at the rear create the perfect setting for greenhouse operations, nursery or garden center, hobby farm, landscaping yard, contractor shop, plumbing or mechanical workshop, dog daycare and training facility, mini storage business, or other agri-related enterprises. Plenty of space available for additional outbuildings, workshops, barns, greenhouses, or future expansion. Full services include natural gas, hydro, and high-speed internet, making this property ideal for live/work operations, home-based businesses, and long-term investment potential. Excellent exposure and strategic location provide strong opportunities for income generation and future growth, including possible long-term residential development potential. The property includes a detached 3-bedroom, 2-bath bungalow offering approximately 1,012 sq ft on the main level, plus a bright basement with large windows. Extensive renovations have already been completed (approximately 85%), including updated electrical, wall improvements, and a new pump system. Property is being sold in "as is" condition, presenting exceptional value-add potential for investors, entrepreneurs, or end users.Rare opportunity to own a highly versatile rural property with strong highway exposure, infrastructure in place, and multiple possible income streams.
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Age Groups
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Owners vs Renters
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What’s NearbyDistances approximate
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Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,587/mo
Mortgage (principal + interest)$2,316
Property taxFrom listing: $3,258/yr$272
Minimum $36,900 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$123,800
Ontario land transfer taxProvincial brackets, no first-time refund$8,855
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$135,455
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Norfolk has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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