4 Bedroom
3 Bathroom
2,184 ft2
None
Forced Air
Acreage
$999,000
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:50976)
Property Details
|
MLS® Number
|
40851424 |
|
Property Type
|
Single Family |
|
Amenities Near By
|
Golf Nearby, Hospital, Schools, Shopping |
|
Community Features
|
Community Centre |
|
Equipment Type
|
Water Heater |
|
Features
|
Conservation/green Belt |
|
Parking Space Total
|
4 |
|
Rental Equipment Type
|
Water Heater |
Building
|
Bathroom Total
|
3 |
|
Bedrooms Above Ground
|
4 |
|
Bedrooms Total
|
4 |
|
Basement Development
|
Partially Finished |
|
Basement Type
|
Full (partially Finished) |
|
Constructed Date
|
1916 |
|
Construction Style Attachment
|
Detached |
|
Cooling Type
|
None |
|
Exterior Finish
|
Brick |
|
Foundation Type
|
Poured Concrete |
|
Half Bath Total
|
1 |
|
Heating Fuel
|
Natural Gas |
|
Heating Type
|
Forced Air |
|
Stories Total
|
3 |
|
Size Interior
|
2,184 Ft2 |
|
Type
|
House |
|
Utility Water
|
Municipal Water |
Parking
Land
|
Access Type
|
Road Access |
|
Acreage
|
Yes |
|
Land Amenities
|
Golf Nearby, Hospital, Schools, Shopping |
|
Sewer
|
Municipal Sewage System |
|
Size Depth
|
767 Ft |
|
Size Frontage
|
81 Ft |
|
Size Total Text
|
2 - 4.99 Acres |
|
Zoning Description
|
R2 |
Rooms
| 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'' |
Utilities
|
Natural Gas
|
Available |
|
Telephone
|
Available |
https://www.realtor.ca/real-estate/30083139/498-norfolk-street-s-simcoe