$1,685,000
Available - For Sale
Listing ID: X12449811
285 Highway 3 N/A , Norfolk, N4G 4G7, Norfolk
| Beautifully maintained 7-unit multifamily property offering strong income and long-term investment stability. The building features a desirable unit mix of 1 three-bedroom, 1 two-bedroom, 2 one-bedroom, and 3 bachelor apartments, each thoughtfully updated between tenancies. One unit is currently vacant, providing an immediate opportunity to set new market rent or for flexible owner 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 could be leased for hobby use, storage, or small business purposes (estimated at ~$2,500/month).The property sits on a 1.09-acre CH-zoned corner lot with dual road access, allowing for multiple future-use possibilities and income growth potential. Conveniently located along Highway 3 between Tillsonburg and Delhi, this is an excellent investment for those seeking a clean, well-managed asset with reliable tenants and upside potential. |
| Price | $1,685,000 |
| Taxes: | $10772.35 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 285 Highway 3 N/A , Norfolk, N4G 4G7, Norfolk |
| Postal Code: | N4G 4G7 |
| Province/State: | Norfolk |
| Directions/Cross Streets: | Corner of Highway 3 and Jackson Side Rd. |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 | |
| Washroom Type 11 | 0 | |
| Washroom Type 12 | 0 | |
| Washroom Type 13 | 0 | |
| Washroom Type 14 | 0 | |
| Washroom Type 15 | 0 | |
| Washroom Type 16 | 0 | |
| Washroom Type 17 | 0 | |
| Washroom Type 18 | 0 | |
| Washroom Type 19 | 0 | |
| Washroom Type 20 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 1.02 |
| Total Area Code: | Acres |
| Approximatly Age: | 51-99 |
| Washrooms: | 0 |
| Heat Type: | Other |
| Central Air Conditioning: | No |
| Sewers: | Septic |
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| Century 21 Heritage House Ltd Brokerage |
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At a Glance:
| Type: | Com - Investment |
| Area: | Norfolk |
| Municipality: | Norfolk |
| Neighbourhood: | Rural Middleton |
| Approximate Age: | 51-99 |
| Tax: | $10,772.35 |
| Fireplace: | N |
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