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    For Sale - 285 Highway 3 N/A, Norfolk, Ontario

    Est payment $8,352/mo
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    Time on Jump  126 day

    AI Summary *

    • Well-maintained 7-unit multifamily property with potential for steady income.
    • Variety of unit types, including updated apartments ready for new tenants.
    • Two vacant units provide options for leasing or personal use.
    • Large detached garage/shop with plumbing allows for various uses.
    • Prime location with dual road access and future development potential.




    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 3,000 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 leasable 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.
    Listing IDX12449811
    Address285 Highway 3 N/A
    CityNorfolk, Ontario
    Price$1,685,000
    StyleInvestment
    Land Size1.091
    TypeIndustrial/Commercial
    StatusFor Sale

    Subtype InvestmentBasement 1Heating / Cooling OtherSewer Septic

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    Listing Agency:  Century 21 Heritage House Ltd Brokerage
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    285 Highway 3 N/a
    Norfolk , Ontario
    $1,685,000
    Get more info