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Home ON Norfolk Norfolk County Simcoe
145 NORFOLK Street S
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145 NORFOLK Street S $820,000
$820,000
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145 NORFOLK Street S
Simcoe, Ontario N3Y2W2

MLS® Number: 40629474
6
Bedrooms
6
Bathrooms
4282
Square Feet

Listing Description

Prime Investment Opportunity in Downtown Simcoe!. Discover the perfect blend of modern living and investment potential with this exceptional 6-Plex property in the heart of Simcoe. Nestled in a highly desirable downtown location, this multi-residential gem offers easy access to charming shops, essential services, and the scenic walking trails along the Lynn River. Property Highlights: 6 Units: A balanced mix of updated and well-maintained units, with 4 recently renovated to meet the demands of today’s renters; Parking: Ample parking options with both street and onsite availability, ensuring convenience for tenants. Prime Location: Steps away from everything downtown Simcoe has to offer, making it a magnet for prospective tenants seeking lifestyle and convenience. This property isn’t just about its current appeal—it’s a gateway to the thriving multi-residential market. As demand for quality rental units continues to rise in Simcoe, this 6-plex offers a stable and growing income stream. With four units already upgraded, the heavy lifting is done, allowing you to focus on maximizing returns. The mix of updated units ensures strong rental rates, while the unbeatable location guarantees high occupancy and low turnover. Capitalize on the increasing value of multi-residential properties in this vibrant community. Whether you’re a seasoned investor or looking to expand your portfolio, this 6-plex is a strategic addition that promises long-term growth and stability. Don’t miss out on this rare opportunity to secure a property with excellent potential in one of Simcoe’s most sought-after areas. (67907904)

Location Description

From Corner of Highway 24/Norfolk St and Highway 3/Queensway: Head south on Hwy 24/Norfolk St through downtown to Victoria St. Home is on corner. Free street parking on both sides of Norfolk St.

Property Summary

Property Type
Multi-family
Storeys
2
Square Footage
4282 sqft
Subdivision Name
Town of Simcoe
Title
Freehold
Land Size
under 1/2 acre
Built in
1885
Annual Property Taxes
$3,958.30
Total Parking Spaces
6
Time on REALTOR.ca
48 days

Building

Bathrooms
Total
6
Interior Features
Basement Type
Partial (Unfinished)
Building Features
Features
Shared Driveway
Foundation Type
Poured Concrete
Structures
Shed, Porch
Total Units
6
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Hospital, Park, Public Transit, Shopping
Parking
Total Parking Spaces
6

Measurements

Square Footage
4282 sqft
Above Grade Finished
4282 sqft
Source: Other
Total Unfinished
566 sqft

Land

Lot Features
Frontage
62 ft
Land Depth
110 ft
Other Property Information
Access
Road access
Zoning Description
CBD
Data provided by: Cornerstone - Simcoe & District 191 Queensway West, Simcoe, Ontario N3Y 2M8

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