498 Norfolk ST S, Norfolk, ON N3Y 2X5
498 Norfolk ST S, Norfolk, ON N3Y 2X5
498 Norfolk ST S, Norfolk, ON N3Y 2X5
498 Norfolk ST S, Norfolk, ON N3Y 2X5
498 Norfolk ST S, Norfolk, ON N3Y 2X5
498 Norfolk ST S, Norfolk, ON N3Y 2X5
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LPT Realty Canada

LPT Realty Canada

$ 999,000
Est. payment | /mo

4 Beds

2 Baths


$ 999,000
Est. payment | /mo

4 Beds

2 Baths

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Simcoe

MLS Listing ID X13610216

Style 2 1/2 Storey

Bedrooms 4

Annual Tax Amount $4,390

Tax Year 2025

Property Sub-Type Detached

Property Description

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.

Location

State ON

County Norfolk

Area Norfolk

Rooms

Family Room Yes

Basement Partially Finished

Kitchen 2

Interior

Interior Features None

Cooling None

Fireplace No

Heat Source Gas

Exterior

Parking Features Private

Garage Spaces 2.0

Pool None

Roof Type Asphalt Shingle

Lot Frontage 81.0

Lot Depth 767.24

Total Parking Spaces 3

Building

Building Age 100+

Unit Features Golf,Hospital,Library,Place Of Worship,School

Foundation Concrete

Others

ParcelsYN No

Virtual Tour https://youtu.be/WUmfm3g9O3c

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

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498 Norfolk ST S