2466 Highway 24 Expressway, Norfolk

$1,359,000
2466 Highway 24 Expressway

$1,359,000

New
107d
Farm

2466 Highway 24 Expressway, Norfolk

Total Monthly Obligation $6,357

Beds
7
Baths
3
Park
6
DOM
107d
Property Type-Farm
MLS® Number-X13538070
Beds-7
Bathrooms-3
Lot Size-71 × 660 ft
Listed on site-Jul 8, 2026
Building Type-Farm
Taxes-$6,000 (2025)
Parking-None
Heating-Gas Forced Air Open (Gas)
Brokerage-EXP REALTY
Cooling-Yes
Fireplace-No
Pool-None
Sewer-Septic
Possession-TBD
Neighbourhood-Townsend
Title-Commercial

No agent assigned

Exceptional opportunity to own a fully operational turnkey greenhouse vegetable farm situated on approximately 6 acres. This meticulously maintained property offers approximately 77,000 sq. ft. of greenhouse, warehouse, and production space, including 22,000 sq. ft. equipped with full supplemental lighting for year-round growing. The facility features two natural gas-fired boilers, three-phase hydro, a backup generator, a large water storage tank, an irrigation pond, two cooler rooms, and loading docks designed for efficient production and inventory management.The property also includes a newly renovated 4-bedroom, 3.5-bathroom residence with office space, currently generating approximately $2,500 per month in rental income. Additional highlights include over 20 parking spaces, approximately 1.5 acres of vacant land with fertile sandy loam soil for future expansion or outdoor cultivation, high-speed internet, and telephone service at the roadside.Ideally suited for greenhouse vegetable production, hydroponics, herbs, leafy greens, specialty crops, nursery operations, or other intensive agricultural ventures. Conveniently located in a thriving rural community near the City of Simcoe with direct access to Highway 24, close to major amenities and popular tourist destinations. Less than one hour to Hamilton and approximately two hours to Toronto. A rare investment opportunity for commercial growers, agricultural operators, and investors seeking a well-equipped, income-producing greenhouse operation with significant growth potential. Additional interior features include a sump pump, forced-air natural gas heating, and central air conditioning for year-round comfort. The home showcases a durable brick and vinyl siding exterior with an asphalt rolled roof and is serviced by a private well and septic system. Utilities include natural gas, hydro, cable, and telephone. The property offers convenient front-yard.

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Closing Costs

Mortgage Amount
$1,087,200
Land Transfer Taxes$23,655
Legal Fees (Est.)
$
Total cash required for closing$296,955

Total Monthly Obligation

$6,357/mo
Mortgage $5,482
Monthly Loss $4,914
Principal$1,443
Interest$4,039
Property Tax$500
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 2466 Highway 24 Expressway

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