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498 Norfolk Street S, Norfolk, ON N3Y 2X5

Simcoe · Norfolk · ON · N3Y 2X5

$999,000
$500/sqft
4 beds2 baths2,000–2,500 sqft3 parkingDetached

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498 Norfolk Street S, Norfolk, ON N3Y 2X5Request a viewing

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.

Property Type
Detached
Style
2 1/2 Storey
Bedrooms
4
Bathrooms
2
Square Feet
2,000–2,500
Year Built
Parking
3
Basement
Partially Finished
Taxes
$4,391/yr
Market insight: Homes in Simcoe have stayed in demand, with well-priced properties moving quickly. Ask about recent comparable sales →