view of front of property featuring a porch, a garage, a chimney, an outdoor structure, and brick siding Features: porch, detached garage, lawn, fence, balcony, outdoor structure More Photos

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    For Sale - 498 Norfolk Street, Norfolk, Ontario

    Est payment $4,797/mo
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    Views   7
    Time on Jump  89 day

    AI Summary *

    • Almost 3 acres within Simcoe's Urban Development Boundary.
    • Existing duplex providing immediate rental income.
    • Potential for rezoning to R4 or R5 for more residential options.
    • Consultation completed for servicing, enhancing future development prospects.
    • Great for homeowners, investors, or developers looking for prime land.




    At nearly 3 acres and located within simcoe's urban development boundary, 498 norfolk street south presents a rare opportunity for home owners, 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 accomodate townhomes, apartments, or other residential uses. The owner has completed a preliminary servicing memo in consulation with vallee consulting and norfolk county municipal services are available at the road, making the property well positioned for future infill development. Whether you are 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.
    Listing IDX13610216
    Address498 Norfolk Street
    CityNorfolk, Ontario
    Price$999,000
    Bed / Bath4 / 2 Full
    Style2 1/2 Storey, Detached
    ConstructionBrick
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features NoneAmenities Golf, Hospital, Library, Place Of Worship, SchoolOwnership FreeholdBasement Partially FinishedFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 3.00
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    Listing Brokerage: SOTHEBY'S INTERNATIONAL REALTY CANADA

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
    Schools
    Place of Worship
    Please select an amenity above to view a list.

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    498 Norfolk Street
    Norfolk , Ontario
    4 2 $999,000
    Get more info