1183 NORTHFIELD Drive E

About this home.

Discover an extraordinary 122.4 acre farm estate nestled along the Grand River, offering a rare blend of agricultural opportunity, natural beauty, and limitless potential. Located just minutes from the City of Waterloo, this property provides the perfect balance: close to every amenity yet immersed in the peace, privacy, and serenity of the countryside. The land unfolds in breathtaking fashion, with approximately 118 workable acres of rich, productive soil currently used for a variety of crops including hay, corn, and produce. Rolling fields meet sweeping river vistas, with a pristine golf course across the river ensuring these one of a kind views remain protected for generations. Governed by the GRCA, the property’s natural character and scenic beauty are preserved and celebrated. Existing structures include a traditional two storey farmhouse with six bedrooms, multiple functional outbuildings, a barn with hayloft, machine shed with insulated shop, tie stalls, horse stalls and pens, and a chicken coop, all reflecting the charm and heritage of a true working farm. This exceptional offering invites endless possibilities. Whether you envision creating your dream estate or a multi family compound, the expansive landscape and location make it an ideal canvas. Its on farm diversified use zoning also opens the door to unique ventures such as ecotourism, agritourism, or a stunning event and wedding venue, all while maintaining the land’s agricultural purpose. A property of this scale and setting is a rare opportunity in Waterloo Region, a place where natural splendor, agricultural legacy, and future potential unite in perfect harmony. (id:59491)

The full record.

How this listing prices against St Jacobs/Floradale.

St Jacobs/Floradale saw 5 sales against 13 active listings, making it a slower market than Elmira and more selective overall. The average sale price reached $1,238,400, well above the Woolwich average, but homes took 42.4 days to sell and closed at 94.03 percent of list, which points to more negotiation at the upper end. This is a higher-priced pocket, but the longer selling times suggest buyers are taking their time. All of the completed deals were freeholds, so the market here is entirely detached and townhome-driven right now.

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