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MLS® X12449811

285 Highway 3 N/A

Norfolk, ON N4G 4G7

$1,685,000

Type

Investment

Description

Beautifully maintained 7-unit multifamily property offering stable income with room to grow. The building features a desirable unit mix of 1 three-bedroom, 1 two-bedroom, 2 one-bedroom, and 3 bachelor apartments, with several units updated between tenancies. Two units are currently vacant, providing immediate opportunity for new leasing or flexible use.Ample on-site parking and a 3,000 sq.ft. insulated and heated detached garage/shop with plumbing add to the versatility of the property. The shop is currently owner-occupied but may be leasable for hobby, storage, or small business purposes.Situated on a 1.09-acre CH-zoned corner lot with dual road access, the property offers future-use versatility and long-term potential. Conveniently located along Highway 3 between Tillsonburg and Delhi, this is a well-managed asset with solid existing tenants and clear upside available through lease-up of the vacant units and optional shop use.

Property Details

Listed Date10/7/2025
Days on Market79 days
Lot Size1.09 acres (47,524 sq ft)
Property TypeInvestment

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Listed by

Century 21 Heritage House Ltd Brokerage

MLS® #X12449811