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Tertiary Property View
Exceptional Property

281 CONCESSION 2 TOWNSEND , Norfolk

$1,199,900
null Bedrooms
null Bathrooms
null sqft

A rare opportunity to own an exceptional residence in one of the most sought-after locations.

Property Highlights

Distinctive Features That Set This Property Apart

Property Type

Single Family

Style

House

Year Built

1926

Square Footage

2429 square feet

Bedrooms

5

Bathrooms

3

Distinguished Features

Premium Amenities

Featuring luxury finishes and high-end appliances throughout

Prime Location

Situated in a prestigious neighborhood with exceptional access

Property Overview

A Closer Look at This Distinguished Residence

50 acres of sandy loam soil in Norfolk County with approx. 28 workable acres with the remainder in bush. This property comes with two airstrip/runways each approx. 1,000 feet long, one running North/South and the other East/West with potential to extend, perfect for the aviation enthusiasts. Build your dream home here and never pay to heat your hom...

MLS Number

40642787

Listed By

Re/Max Twin City Realty Inc.

Last Updated

Jan 8, 2025, 2:40 p.m.

Data Source

CREA

All information provided is deemed reliable but is not guaranteed and should be independently verified.
Agent's Insight

"This property represents an exceptional opportunity in today's market, offering the perfect blend of location, craftsmanship, and timeless appeal."

Property Specifications

Comprehensive Details of This Fine Residence

Property Specifications

Property Type
Vacant Land
Architectural Style
Other

Interior Features

Basement
None
Information deemed reliable but not guaranteed. Buyers should verify all property details.

Property Provenance

Historical Timeline of This Distinguished Address

Property Timeline

Historical transactions and listing information

Property image
9
New
MLS# 40642787
List Date
Sep 6, 2024, 3:53 a.m.
List Price
$1,199,900
Property Type
Sale
Property image
9
New
MLS# 40637655
List Date
Sep 6, 2024, 3:53 a.m.
List Price
$1,199,900
Property Type
Sale

Financial Planning

Tools to Help You Plan Your Investment

Mortgage Financing Calculator

Calculate your monthly mortgage payments and visualize your investment over time.

$
300,000
$
20%
% p.a.

Monthly Payment

$0
Per Month
Mortgage Details
Loan Amount
$240,000
Total Interest
$0
Total Payments
$0
Loan-to-Value Ratio
80%
Total Number of Payments
360
Financial Insight

Your 20%+ down payment typically eliminates the need for private mortgage insurance, potentially saving you thousands over the life of your loan.

This calculator provides an estimate only. Your actual mortgage terms may vary based on credit history, lender requirements, and other factors.

Investment Cash Flow Analysis

Analyze your property's financial performance by tracking income and expenses to calculate net cash flow.

Total Income
$4,300/monthly
2 income sources
Total Expenses
$2,530/monthly
3 expense items
Net Cash Flow
$1,770/monthly
Positive investment return

Cash Flow Analysis

This property generates a positive cash flow of $1,770 per monthly. Consider reinvesting this surplus to enhance property value, build reserves for maintenance, or diversify your investment portfolio.

Income Sources

Rental Income
monthly
$3,500
Investment Returns
monthly
$800
Add New Income
$

Expense Items

Mortgage
monthly
$1,800
Property Tax
monthly
$450
Property Management
monthly
$280
Add New Expense
$
This calculator provides an estimate only. Actual investment returns may vary based on market conditions and unforeseen expenses.

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