498 Norfolk S Street, Simcoe, ON N3Y 2X5
Listing courtesy of RE/MAX Erie Shores Realty Inc. Brokerage.
- $999,000
- 4
- BD
- 3
- BA
- 2,184
- SqFt
- List Price
- $999,000
- Status
- ACTIVE
- Days on Market
- 2
- MLS® #
- 40851424
- Subtype
- Residential
- Year Built
- 1916
- Bedrooms
- 4
- Bathrooms
- 3
- Full Baths
- 2
- Half Baths
- 1
- Living Area
- 2,184
- Subdivision
- Town of Simcoe
- Neighborhood
- Town of Simcoe
- MLS Area Major
- Norfolk
Property Description
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.
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Additional Information
- Interior Features
- Accessory Apartment
- Zoning
- R2
- Heating
- Forced Air, Natural Gas
- Air Conditioning
- None
- Roof
- Asphalt Shing
- Foundation
- Poured Concrete
- Parking Features
- Detached Garage
- Garage Spaces
- 2
- Elementary School
- West Lynn, St. Joseph's
- High School
- Scs, Holy Trinity
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