Detached

2474 Highway 24 W

Townsend, N0E 1Y0

$619,000
Bedrooms
3
Bathrooms
2
Interior
1,100-1,500 ft²
Lot
1.09 acres
Type
Detached
On the market
214 days

About this home

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.

Features

  • Sump Pump

Property details

MLS® number
X12992906
Property type
Detached
Style
Bungalow
Bedrooms
3
Bathrooms
2
Kitchens
1
Interior size
1,100-1,500 ft²
Lot
1.09 acres
Basement
Full
Heating
Forced Air, Gas
Cooling
Central Air
Sewer
Septic
Parking
3 spaces
Exterior
Vinyl Siding
Roof
Asphalt Rolled
Property taxes
$3,258 (2026)
Possession
Flexible
Cross street
Woodland Dr/Highway 24
Community
Townsend
Municipality
Townsend

Location

Townsend, near Woodland Dr/Highway 24

2474 Highway 24 W, Townsend

Approximate area: the pin is placed at the village or township, which covers the surrounding concessions, so the ring shows the area, not the property. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$2,741a month

$123,800 down, 4.5%, 25 years

Down payment

%
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An estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.

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