Town of Simcoe, Simcoe · MLS® 40851424
434
2,184 sq ft · House · Single Family · built 1916 · 89 days on market
listed by Steve Szucs, RE/MAX Erie Shores Realty Inc. Brokerage
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.
20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.
Keep private notes and ratings on homes you're considering. (email only) and they follow you to every device.
Walkability 0/100 · Car needed for most errands
Nothing everyday within a 10 minute walk.
mihom score from OpenStreetMap places, by straight line distance.