498 Norfolk Street South, Norfolk (Simcoe), Ontario N3Y2X5

Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA.

$999,000
4
BD
2
BA

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List Price
$999,000
MLS®
X13610216
Days on Market
1
Status
ACTIVE
Type
Single Family Residential
Subtype
Single Family
Bedrooms
4
Bathrooms
2
Lot Size Dimensions
81 x 767.2 FT ; Irregular: 129, 715 sq.ft Source GeoW
Subdivision
Simcoe

Property Description

At nearly 3 acres and located within Simcoe's Urban Development Boundary, 498 Norfolk Street South presents a rare opportunity for home owners, investors, and developers alike. With an existing duplex already in place, the property offers immediate rental income while supporting exceptional long-term upside. Potential to rezoning to R4 or R5 to accomodate townhomes, apartments, or other residential uses. The owner has completed a preliminary servicing memo in consulation with Vallee Consulting and Norfolk County Municipal services are available at the road, making the property well positioned for future infill development. Whether you are seeking a sizeable in-town estate property, an investment opportunity to land bank while generating income, or a redevelopment project with significant future potential, 498 Norfolk Street South is a property that warrants serious consideration. (id:5764)

Additional Information

Ownership
Freehold
Garage
Yes
Subdivision
Simcoe
Parking Spaces
3
Cooling
None
Country
Canada
Sewer
Sanitary sewer
Heating
Forced air, Natural gas
Stories
2.5

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Calculator source: Real Geeks