Detached

498 Norfolk Street S

Simcoe, N3Y 2X5

$999,000
Bedrooms
4
Bathrooms
2
Interior
2,000-2,500 ft²
Lot
1.43 acres
Type
Detached
On the market
109 days

About this home

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.
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Property details

MLS® number
X13610216
Property type
Detached
Style
2 1/2 Storey
Bedrooms
4
Bathrooms
2
Kitchens
2
Interior size
2,000-2,500 ft²
Approximate age
100+ years
Lot
1.43 acres
Basement
Partially Finished
Heating
Forced Air, Gas
Sewer
Sewer
Parking
3 spaces, garage: detached
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete
Property taxes
$4,391 (2025)
Possession
Flexible
Cross street
Norfolk St & Parker Dr
Community
Simcoe
Municipality
Simcoe

Rooms

  • Living Room

    14' × 13'

    Main

  • Dining Room

    14' × 13'

    Main

  • Kitchen

    13' 8" × 11'

    Main

  • Primary Bedroom

    16' 6" × 11' 5"

    Main

  • Bedroom 2

    10' 7" × 9' 3"

    Main

  • Bedroom 3

    10' 2" × 9' 3"

    Main

  • Living Room

    12' × 12' 5"

    Second

  • Kitchen

    11' 7" × 8' 7"

    Second

  • Bedroom

    11' 7" × 9' 6"

    Second

  • Den

    11' × 6' 8"

    Second

Room sizes come from the listing brokerage, converted from metres where needed. They are deemed reliable but not guaranteed.

Location

Simcoe, near Norfolk St & Parker Dr

498 Norfolk Street S, Simcoe

Approximate location, placed by postal code. Map data © OpenStreetMap contributors, tiles by OpenFreeMap.

Mortgage estimate

$4,423a month

$199,800 down, 4.5%, 25 years

Down payment

%
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An estimate, not a quote. Under 20% down, the default insurance premium is added to the loan.

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