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$1,685,000

285 Highway 3 N/A

Norfolk, ON N4G 4G7

285 Highway 3 N/A, Norfolk — Listed at $1,685,000 Investment. MLS® X12449811.

Possession · seller's timeline

Flexible

Apts - 6 To 12 Units
Investment
$10,772.35Taxes/yr · 2024

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 2,400 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 leaseable 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

Property TypeInvestment
CommunityRural Middleton
Approximate Age51-99
Lot Size1.09 acres (47,524 sq ft)
Lot Dimensions324.35 × 206.06 ft
Lot Size Area1.091 sqft (GeoWarehouse)
Dir/Cross StCorner of Highway 3 and Jackson Side Rd.
Garage TypeSingle Detached
Heating TypeOther
A/CNo
SewersSeptic
Taxes (2024)$10,772.35
HSTIn Addition To
Listed Date10/7/2025
Days on Market372 days
PossessionFlexible

Business Details

Property Sub-TypeInvestment
Business TypeApts - 6 To 12 Units
Property UseApartment
Occupant TypeTenant
Showing RequirementsLockbox
Possession TypeFlexible
Listing Expires12/18/2026
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: Century 21 Heritage House Ltd Brokerage

MLS® #X12449811

TRREBMLS®

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