2995 59 Highway, Norfolk, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Walsingham. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $374,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 271 x 563.25 ft lot size
- equipped with no central cooling and highly efficient gas forced air open heating
Description
3.75 acre property on the edge of Langton with a road frontage of 271ft. High traffic area and zoned rural commercial offering many possibilities....including a towing service station, outdoor self storage facility or a contractor shop. Includes a 1050sq ft home needing some TLC. Formally a gas station with convenience store. Services currently on the property include Natural Gas and Hydro. Come view this property today and see what it all has to offer!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2995 59 Highway, Norfolk, ON N0E 1G0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Norfolk, ON
For a property listed at $374,000 in Norfolk, the legal minimum down payment is $18,700 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,085 for this transaction. As this listing is in Norfolk (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,085.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.