498 NORFOLK STREET S
Norfolk (Simcoe), Ontario
MLS® X13610216
$999,000
- Status
- Active
- Property type
- House
- MLS® number
- X13610216
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- —
Listing 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.
Property summary
- MLS® number
- X13610216
- Property type
- Single Family
- Building type
- House
- Title
- Freehold
- Land size
- 81 x 767.2 FT ; Irregular: 129, 715 sq.ft Source GeoW
- Annual property taxes
- $4,390.83
- Parking
- 3 spaces · Detached Garage, Garage
- Days on market
- 77 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- None
- Basement
- Partially finished, N/A
- Exterior features
- Brick
What would this home cost you?
Based on the $999,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.