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Rural Houghton, Norfolk, ON N0E 1G0
$1,290,000
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. 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.
Discover the opportunity to own 52.29 acres of versatile farmland, including approximately 25 workable acres ideal for a variety of agricultural uses. The tillable ground was rented last season for $300 per acre, offering an income stream, and there is no rental agreement in place for the upcoming growing season - giving the new owner flexibility to farm it themselves or establish a new lease. This farm has never had ginseng grown on it. This property includes multiple out buildings providing storage and potential additional rental income for equipment or agricultural use. At the heart of the farm sits a 3 bedroom brick bungalow with an attached garage, offering comfortable rural living while you manage or lease the land. Adding further value, the property features a Gas Well Contract, generating additional income alongside the agricultural potential. All measurements taken by IGuide Technology and are approximate.