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

Est payment $8,091/mo
Views   3
Time on Jump  262 day
  • Well-maintained 7-unit multifamily property with stable income potential.
  • Diverse unit mix with updated apartments ready for new tenants.
  • Two vacant units immediately available for leasing or flexible use.
  • Large heated garage/shop offers additional space for storage or business.
  • Convenient corner lot location with dual road access and future 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 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.
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
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