Homula Realty Brokerage
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889 Norfolk County 28 Road, Norfolk, ON N0E 1G0

Farm
$1,200,000

Nestled on a sprawling 49.04-acre lot, this serene property offers a tranquil escape with a wooded backdrop and crop field. Featuring 2 bedrooms and 1 bathroom across a spacious 1614 sq ft layout, this home is uniquely designed for comfort and accessibility. The property highlights include a large fenced-in pasture, a pond, and extensive outdoor living spaces, a 10x28 ft front porch and a covered 10x22 ft back deck with walkout patio doors from the dining area, perfect for entertaining or peaceful evenings. Outside you will also find a large garage, a workshop and a couple sheds. The home is well-equipped with both a gas stove and an outlet for an electric stove. The walkout basement opens onto a covered patio and boasts in-law suite capabilities, adding flexibility to the living space. Accessibility is thoughtfully addressed with a wheelchair-friendly 3-ft wide front entrance door. For those seeking a quiet life in harmony with nature, this property is an ideal choice. Listed for sale, it's ready for you to call it home.

MLS number
X13536190
Type
Farm
Status
Active
Bedrooms
—
Bathrooms
—
Postal code
N0E 1G0
Photos
39
Property tax
$5,788 / year
67days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 4 times.

Sale history is for registered usersSee what this address sold for and when, across all 4 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

This address could not be placed on the mapHomula matches addresses against open government address data, and this one found no match — so the map, the nearby schools and the school boundaries are all unavailable for this listing. It is a gap in our data, not a property without schools nearby.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$240,000 · minimum here is $95,000
$5,313.34per month
Borrowed before insurance$960,000
Total borrowed$960,000
Interest over 25 years at 4.5%$634,002

If you rented it out

-$5,795.67per month out of pocket
Rent$0.00
Everything it costs to hold$5,795.67
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX Tri-County Realty Inc Brokerage. Listing data provided by the Toronto Regional Real Estate Board.