498 NORFOLK Street S, Simcoe, Ontario N3Y 2X5
$999,000.00
- 4 bedrooms
- 3 bathrooms
- 2,184 Square Feet
At nearly 3 acres and located within Simcoe's Urban Development Boundary, 498 Norfolk Street South presents a rare opportunity for homeowners, 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 accommodate townhomes, apartments, or other residential uses. The owner has completed a preliminary servicing memo in consultation with Vallee Consulting and Norfolk County. Municipal services are available at the road, making the property well positioned for future infill development. Concept design available ... read more
At nearly 3 acres and located within Simcoe's Urban Development Boundary, 498 Norfolk Street South presents a rare opportunity for homeowners, 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 accommodate townhomes, apartments, or other residential uses. The owner has completed a preliminary servicing memo in consultation with Vallee Consulting and Norfolk County. Municipal services are available at the road, making the property well positioned for future infill development. Concept design available upon request. Whether you're 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:25417)
- Listing ID: 40851424
- Property Type: Single Family
- Year Built: 1916
| Property | |
|---|---|
| Ownership: | Freehold |
| Land Size: | 2 - 4.99 Acres |
| Parking: | Detached Garage 4 Spaces |
| Building | |
|---|---|
| Type: | Single Family House |
| HVAC: | Fireplace and Forced Air Natural Gas |
| Exterior: | Brick |
| Basement: | Full (Partially Finished) |
| Utilities: | Natural Gas, Telephone and Municipal Sewage System |
| Location | |
|---|---|
| Town: | Simcoe |
| Province: | Ontario |
| Nearby Amenities: | Golf Nearby, Hospital, Schools and Shopping |
| Community Features: | Community Centre |
| Rooms | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Second level | Measurements not available |
| Den | Second level | 11'0'' x 6'8'' |
| Living room | Second level | 12'5'' x 12'0'' |
| Bedroom | Second level | 12'0'' x 9'6'' |
| Kitchen | Second level | 11'6'' x 8'7'' |
| 4pc Bathroom | Main level | Measurements not available |
| 2pc Bathroom | Main level | Measurements not available |
| Bedroom | Main level | 10'7'' x 9'3'' |
| Bedroom | Main level | 10'2'' x 9'3'' |
| Primary Bedroom | Main level | 16'5'' x 11'4'' |
| Kitchen | Main level | 14'0'' x 11'0'' |
| Dining room | Main level | 14'0'' x 13'0'' |
| Living room | Main level | 14'0'' x 13'0'' |
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