4
$999,000 Sale
Listed 77 days ago
498 NORFOLK Street S
· 4
· 2.5
· 4
· 2184
Key Facts
Key facts for 498 NORFOLK Street S
Property Type
House
Parking
Garage: Yes, 4 parking
MLS #
40851424
Size
2184 sqft
Basement
Partially finished, Full (Partially finished)
Listed on
-
Lot size
-
Tax
-
Days on Market
-
Year Built
1916
Maintenance Fee
-
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. (id:10452)
Room Types
2pc Bathroom
-
Measurements not available
0 sqft
4pc Bathroom
-
Measurements not available
0 sqft
Bedroom
-
Dimensions 9'3'' x 10'2''
94.04 sqft
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Listing courtesy of: RE/MAX Erie Shores Realty Inc. Brokerage
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