For sale285 Highway 3, Norfolk, ON N4G 4G7
Norfolk, ON N4G 4G7
About this property
Beautifully maintained 7-unit multifamily property offering stable income with room to grow. The building features a desirable unit mix of 1 three-bedroom, 1 two-bedroom, 2 one-bedroom, and 3 bachelor apartments, with several units updated between tenancies. Two units are currently vacant, providing immediate opportunity for new leasing or flexible use.Ample on-site parking and a 2,400 sq.ft. insulated and heated detached garage/shop with plumbing add to the versatility of the property. The shop is currently owner-occupied but may be leaseable for hobby, storage, or small business purposes.Situated on a 1.09-acre CH-zoned corner lot with dual road access, the property offers future-use versatility and long-term potential. Conveniently located along Highway 3 between Tillsonburg and Delhi, this is a well-managed asset with solid existing tenants and clear upside available through lease-up of the vacant units and optional shop use.
Property facts & features
- Property type
- Investment
- MLS® number
- X12449811
- Source status
- Extension
- Bedrooms
- Not provided
- Bathrooms
- Not provided
- Reported interior area
- 1.019
- Neighbourhood
- Not provided
- Postal code
- N4G 4G7
- Garage
- Single Detached
- Lot depth (source units)
- 206.06
- Annual property tax
- 10772.35
- Basement
- Not provided
- Laundry
- Not provided
- Interior features
- Not provided
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
Extension · $1,685,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Norfolk →Listing brokerage: Century 21 Heritage House Ltd Brokerage. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® X12449811. Information deemed reliable but not guaranteed.