$550,000
Available - For Sale
Listing ID: X12998372
367 Norfolk Street North , Norfolk, N3Y 3P4, Norfolk
| WOW!!! $4,221/Month in Rental Income! Versatile Legal Duplex with 3 Self-Contained Units in Prime Simcoe Location!Welcome to this solid brick 1.5 storey home offering three self-contained units, perfectly suited for investors, multi-generational living, or those looking to offset their mortgage with rental income. Located in a highly walkable area of Simcoe, close to amenities, schools, and transit, this property offers both lifestyle and long-term value. Currently fully tenanted with excellent tenants who would love to stay, this home provides immediate, reliable income. At the same time, it is flexible layout offers the option for future owner-occupancy! Live in one unit while the others help pay your mortgage! The property features a spacious 2-bedroom main floor unit, a bright upper-level unit, and a lower-level studio apartment with walk-out! There is ample parking for four vehicles including convenient rear access from Hawthorne Ave. Utilities (heat, hydro, water & A/C) are currently included in rent, supporting strong tenant retention and ease of management. Solid construction and functional layouts make this a low-maintenance, turnkey opportunity! Generate $4,221/month in income today while securing a property with flexible living options and future upside.Whether you're looking to invest, live, or both, this is a rare opportunity to own a versatile, income-generating property in a desirable Simcoe neighbourhood. |
| Price | $550,000 |
| Taxes: | $2738.37 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 367 Norfolk Street North , Norfolk, N3Y 3P4, Norfolk |
| Acreage: | < .50 |
| Directions/Cross Streets: | Queensway W/Norfolk St N |
| Rooms: | 10 |
| Rooms +: | 5 |
| Bedrooms: | 3 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Apartment, Finished wit |
| Level/Floor | Room | Length(ft) | Width(ft) | Descriptions | |
| Room 1 | Main | Living Ro | 16.89 | 13.64 | |
| Room 2 | Main | Dining Ro | 10.76 | 9.35 | |
| Room 3 | Main | Kitchen | 13.45 | 10.92 | |
| Room 4 | Main | Primary B | 14.46 | 13.42 | |
| Room 5 | Main | Bedroom 2 | 10.73 | 9.22 | |
| Room 6 | Main | Bathroom | 7.28 | 6.92 | 4 Pc Bath |
| Room 7 | Second | Living Ro | 12.46 | 11.35 | |
| Room 8 | Second | Kitchen | 13.74 | 12.86 | |
| Room 9 | Second | Primary B | 14.33 | 12.96 | |
| Room 10 | Second | Bathroom | 8.89 | 4.3 | 3 Pc Bath |
| Room 11 | Basement | Primary B | 17.09 | 14.4 | |
| Room 12 | Basement | Kitchen | 18.14 | 7.38 | |
| Room 13 | Basement | Bathroom | 7.22 | 7.08 | 3 Pc Bath |
| Room 14 | Basement | Laundry | 16.14 | 12.86 | |
| Room 15 | Basement | Utility R | 21.09 | 16.92 |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | Basement |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 3 | Upper |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Approximatly Age: | 51-99 |
| Property Type: | Detached |
| Style: | 1 1/2 Storey |
| Exterior: | Brick, Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Front Yard |
| Drive Parking Spaces: | 4 |
| Park #1 | |
| Parking Type: | Front Yard |
| Park #2 | |
| Parking Type: | Front Yard |
| Park #3 | |
| Parking Type: | Lane |
| Pool: | None |
| Approximatly Age: | 51-99 |
| Approximatly Square Footage: | 1500-2000 |
| Property Features: | Hospital, Library |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | Y |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
$
%
Years
This calculator is for demonstration purposes only. Always consult a professional
financial advisor before making personal financial decisions.
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES |
|
|
Bus:
416-994-5000
Fax:
416.352.5397
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Freehold - Detached |
| Area: | Norfolk |
| Municipality: | Norfolk |
| Neighbourhood: | Simcoe |
| Style: | 1 1/2 Storey |
| Approximate Age: | 51-99 |
| Tax: | $2,738.37 |
| Beds: | 3 |
| Baths: | 3 |
| Fireplace: | Y |
| Pool: | None |
Locatin Map:
Payment Calculator:
