2474 Highway 24 W

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.

Details

Type

Detached

Style

Bungalow

Size

1100-1500 sq ft

Lot

70 × 681 ft

Basement

Full

Garage

None

Kitchens

1

Property tax

$3,258 (2026)

Neighbourhood

Townsend

Municipality

Norfolk

Price per sq ft

$476 (5% below detached houses in Norfolk, $500)

Interior

Bedrooms

3 above ground

Bathrooms

2 × 3-piece

Rooms

6 above ground

Family room or den

Yes

Fireplace

No

Features

Sump Pump

Heating, cooling and services

Heating

Forced Air, Gas

Air conditioning

Central Air

Water and sewer

Septic

Building and exterior

Style

Bungalow

Exterior

Vinyl Siding

Roof

Asphalt Rolled

Faces

West

Parking

Total parking

3

Lot

Size

70 × 681 ft

More

Possession

Flexible

Cross street

Woodland Dr/Highway 24