498 Norfolk Street S Norfolk, Ontario N3Y 2X5

$999,000

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:55460)

Property Details

MLS® Number	X13610216
Property Type	Single Family
Community Name	Simcoe
Amenities Near By	Golf Nearby, Hospital, Place Of Worship, Schools
Equipment Type	Water Heater
Parking Space Total	3
Rental Equipment Type	Water Heater

Building

Bathroom Total	2
Bedrooms Above Ground	4
Bedrooms Total	4
Age	100+ Years
Basement Development	Partially Finished
Basement Type	N/a (partially Finished)
Construction Style Attachment	Detached
Cooling Type	None
Exterior Finish	Brick
Foundation Type	Concrete
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	3
Size Interior	2,000 - 2,500 Ft2
Type	House
Utility Water	Municipal Water

Parking

Detached Garage
Garage

Land

Acreage	Yes
Land Amenities	Golf Nearby, Hospital, Place Of Worship, Schools
Sewer	Sanitary Sewer
Size Depth	767 Ft ,2 In
Size Frontage	81 Ft
Size Irregular	81 X 767.2 Ft ; Irregular: 129, 715 Sq.ft Source Geow
Size Total Text	81 X 767.2 Ft ; Irregular: 129, 715 Sq.ft Source Geow|2 - 4.99 Acres
Zoning Description	R2

Rooms

Level	Type	Length	Width	Dimensions
Second Level	Living Room	3.66 m	3.79 m	3.66 m x 3.79 m
Second Level	Kitchen	3.53 m	2.62 m	3.53 m x 2.62 m
Second Level	Bedroom	3.53 m	2.9 m	3.53 m x 2.9 m
Second Level	Den	3.35 m	2.03 m	3.35 m x 2.03 m
Main Level	Living Room	4.27 m	3.96 m	4.27 m x 3.96 m
Main Level	Dining Room	4.27 m	3.96 m	4.27 m x 3.96 m
Main Level	Kitchen	4.17 m	3.35 m	4.17 m x 3.35 m
Main Level	Primary Bedroom	5.02 m	3.47 m	5.02 m x 3.47 m
Main Level	Bedroom 2	3.23 m	2.82 m	3.23 m x 2.82 m
Main Level	Bedroom 3	3.1 m	2.82 m	3.1 m x 2.82 m

Utilities

Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/30084083/498-norfolk-street-s-norfolk-simcoe-simcoe