498 Norfolk Street S, Simcoe, Ontario

$999,000

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4

Beds

3

Baths

2,184

Square feet

2.00

Acres

About 498 Norfolk Street S

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:36535)

Features of 498 Norfolk Street S

Listing # 40851424
Price $999,000
Bedrooms 4
Bathrooms 3.00
Half Baths 1
Square Footage 2,184
Acres 2.00
Year Built 1916
Type Single Family
Sub-Type Freehold

Community Information

Address 498 Norfolk Street S
Subdivision Town of Simcoe
City Simcoe
Province Ontario
Postal Code N3Y2X5

Amenities

Amenities Golf Nearby, Hospital, Schools, Shopping
Utilities Natural Gas, Telephone
Features Conservation/green belt
Parking Spaces 4
Parking Detached Garage
# of Garages 1
Is Waterfront No
Has Pool No

Interior

Heating Natural gas Forced air
Cooling None
Fireplace No
# of Stories 3
Has Basement Yes
Basement Type Full (Partially finished)
Basement Development Partially finished

Exterior

Exterior Brick
Foundation Poured Concrete

Listing Details

OfficeCourtesy Of RE/MAX Erie Shores Realty Inc. Brokerage

Listing Map