3 Beds 3 Bath

367 Norfolk Street N, Norfolk, ON N3Y 3P4

Norfolk N3Y 3P4 Ontario

MLS: X12998372

$550,000

Added 2 hours ago | For Sale

Listed by: ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

About Property

WOW!!! $4,221/Month in Rental Income! Versatile Legal Duplex with 3 Self-Contained Units in Prime Simcoe Location!Welcome to this solid brick 1.5 storey home offering three self-contained units, perfectly suited for investors, multi-generational living, or those looking to offset their mortgage with rental income. Located in a highly walkable area of Simcoe, close to amenities, schools, and transit, this property offers both lifestyle and long-term value. Currently fully tenanted with excellent tenants who would love to stay, this home provides immediate, reliable income. At the same time, it is flexible layout offers the option for future owner-occupancy! Live in one unit while the others help pay your mortgage! The property features a spacious 2-bedroom main floor unit, a bright upper-level unit, and a lower-level studio apartment with walk-out! There is ample parking for four vehicles including convenient rear access from Hawthorne Ave. Utilities (heat, hydro, water & A/C) are currently included in rent, supporting strong tenant retention and ease of management. Solid construction and functional layouts make this a low-maintenance, turnkey opportunity! Generate $4,221/month in income today while securing a property with flexible living options and future upside.Whether you're looking to invest, live, or both, this is a rare opportunity to own a versatile, income-generating property in a desirable Simcoe neighbourhood.

Features

  • House Style:Detached
  • Bathrooms:3
  • Land Size: 40.01 X 100.88
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:Gas
  • Cross Street:Queensway W/Norfolk St N
  • Basement:Apartment,Finished with Walk-Out,Separate Entrance,Full,Partially Finished , Apartment,Finished with Walk-Out,Separate Entrance,Full,Partially Finished
  • Possession Date:Flexible
  • Annual Property taxes: $2738.37
  • Bedrooms:3
  • Total Parking Spaces:4
  • Parking Places:4
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:
  • Direction Facing:East
  • Front Footage:
  • Listing ID:X12998372

Level Type Features Dimensions
Main Living Room 16 ft, 11 in x 13 ft, 8 in
Dining Room 10 ft, 9 in x 9 ft, 4 in
Kitchen 13 ft, 5 in x 10 ft, 11 in
Primary Bedroom 14 ft, 6 in x 13 ft, 5 in
Bedroom 2 10 ft, 9 in x 9 ft, 3 in
Bathroom 4 Pc Bath 7 ft, 3 in x 6 ft, 11 in
Second Living Room 12 ft, 6 in x 11 ft, 4 in
Kitchen 13 ft, 9 in x 12 ft, 10 in
Primary Bedroom 14 ft, 4 in x 13 ft
Bathroom 3 Pc Bath 8 ft, 11 in x 4 ft, 4 in
Basement Primary Bedroom 17 ft, 1 in x 14 ft, 5 in
Kitchen 18 ft, 2 in x 7 ft, 5 in
Bathroom 3 Pc Bath 7 ft, 3 in x 7 ft, 1 in
Laundry 16 ft, 2 in x 12 ft, 10 in
Utility Room 21 ft, 1 in x 16 ft, 11 in

No property rooms available.

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