At nearly 3 acres and located within Simcoe's Urban Development Boundary, 498 Norfolk Street South presents a rare opportunity for homeowners, 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 accommodate townhomes, apartments, or other residential uses. The owner has completed a preliminary servicing memo in consultation with Vallee Consulting and Norfolk County. Municipal services are available at the road, making the property well positioned for future infill development. Concept design available upon request. Whether you're 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. (id:61499)
| MLS® Number | 40851424 |
| Property Type | Single Family |
| AmenitiesNearBy | Golf Nearby, Hospital, Schools, Shopping |
| CommunityFeatures | Community Centre |
| EquipmentType | Water Heater |
| Features | Conservation/green Belt |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Water Heater |
| BathroomTotal | 3 |
| BedroomsAboveGround | 4 |
| BedroomsTotal | 4 |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| ConstructedDate | 1916 |
| ConstructionStyleAttachment | Detached |
| CoolingType | None |
| ExteriorFinish | Brick |
| FoundationType | Poured Concrete |
| HalfBathTotal | 1 |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 3 |
| SizeInterior | 2184 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
| Detached Garage |
| AccessType | Road Access |
| Acreage | Yes |
| LandAmenities | Golf Nearby, Hospital, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 767 Ft |
| SizeFrontage | 81 Ft |
| SizeTotalText | 2 - 4.99 Acres |
| ZoningDescription | R2 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 4pc Bathroom | Measurements not available | ||
| Second Level | Den | 11'0'' x 6'8'' | ||
| Second Level | Living Room | 12'5'' x 12'0'' | ||
| Second Level | Bedroom | 12'0'' x 9'6'' | ||
| Second Level | Kitchen | 11'6'' x 8'7'' | ||
| Main Level | 4pc Bathroom | Measurements not available | ||
| Main Level | 2pc Bathroom | Measurements not available | ||
| Main Level | Bedroom | 10'7'' x 9'3'' | ||
| Main Level | Bedroom | 10'2'' x 9'3'' | ||
| Main Level | Primary Bedroom | 16'5'' x 11'4'' | ||
| Main Level | Kitchen | 14'0'' x 11'0'' | ||
| Main Level | Dining Room | 14'0'' x 13'0'' | ||
| Main Level | Living Room | 14'0'' x 13'0'' |
| Natural Gas | Available |
| Telephone | Available |
https://www.realtor.ca/real-estate/30083139/498-norfolk-street-s-simcoe
Contact us for more information
Steve Szucs
Broker
Compare listings
Compare