56 NORFOLK Street S, Simcoe, Ontario, N3Y2W2
MLS: 40807807 | Multi-family
$1,999,000
Property Description
Royal LePage Commercial – The Investments Group is pleased to present 56 Norfolk Street S, Simcoe, a fully leased mixed-use 8-plex in one of the town’s most desirable downtown locations. The three-storey building offers over 9,000 SF above grade, featuring two high-exposure commercial units with 15’ ceilings and six spacious residential suites with strong natural light and separately metered utilities for the upper units. Extensive capital improvements include roof and flashing, flooring, plumbing, electrical, sub-panels, fixtures, and masonry upgrades. The property also benefits from ample on-site parking and flexible CBD zoning, allowing for a wide range of permitted uses, including the potential to add an additional unit on the main floor. A well-located income-producing asset with a Vendor Take-Back mortgage available in first or second position, providing additional flexibility for qualified buyers. (id:64974)
Quick Facts
- Property Type: Multi-family
- Bedrooms: 0
- Bathrooms: 0
- Living Area: 9,113 sq ft (846.6 m²)
- Above Grade: 9,113 sq ft (846.6 m²)
- Ownership: Freehold
- Parking: 6.0 spaces (Open)
- Frontage: 113 ft (34.4 m)
Costs
- Annual Taxes: $6,332.12
Listing Provided by: Royal LePage Burloak Real Estate Services
Board: Cornerstone Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Natural gas
- Cooling: None
- Basement: Unfinished, Full
Exterior & Construction
- Exterior: Brick
- Foundation: Poured Concrete
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 113 ft (34.4 m)
- Features: Paved driveway
- Zoning: CBD
Community & Neighbourhood
- Community: Community Centre
- Subdivision: Town of Simcoe
Listing Information
Listing History
MLS listing activity for 56 NORFOLK Street S, Simcoe, Ontario, N3Y2W2 — dates reflect when changes were recorded in the DDF
Location & Neighborhood
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Mortgage & Cost Calculators
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56 NORFOLK Street S, Simcoe, Ontario, N3Y2W2