36 Victoria Street, Asphodel-Norwood | Image 1

36 Victoria Street

Asphodel-Norwood, Norwood

  • Commercial

$1,299,000
For Sale

Added 2 days ago

Sign in or Register • To view all data & photos, an account is required by the Toronto Real Estate Board.

  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: R3

  • Age: No Data

  • Taxes: 3888.02

  • MLS®#: X11993786

  • Added: Feb 28, 2025 (2 days ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: CENTURY 21 INNOVATIVE REALTY INC.

This well-maintained 6-unit multiplex building in Norwood presents a high-potential, income-generating investment opportunity. Conveniently located near amenities, schools, and public transportation, the property features a desirable unit mix of four 2-bedroom apartments and two 1-bedroom apartments, all of which are currently rented. Tenants are responsible for their own electric heating, keeping utility expenses low for the owner. The building offers practical amenities, including in-building laundry, four lockers designated for the 2-bedroom units, and in-unit storage for one of the 1-bedroom units. With surface parking available, tenants benefit from 12 dedicated parking spots. Additionally, the property holds strong investment potential, with a preliminary plan in place for constructing another residential building that would mirror the existing structure. Situated in a developing neighborhood, this property offers long-term growth and appreciation potential, further enhancing its value as a strategic real estate investment.

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Asphodel-Norwood

  • Community: Norwood

Inside

  • Air Conditioning: N

Utilities

  • Utilities: Yes

Building

  • Heat Type: Elec Forced Air

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Tax Legal Description: PT LT O PL 6 NORWOOD PT 2 & 3 45R2301 & PT 1 & 4 45R3242; S/T R2

  • Taxes: $3,888

  • Taxes Type: Annual

Land

  • Cross Street: Victoria street ,Elm

  • Municipality District: Asphodel-Norwood

  • Sewer: Sanitary

  • Lot Frontage: 77.14 Feet

  • Zoning: R3

Commercial Specific

  • Total Area: 0.75

  • Total Area Metric: Acres

  • Franchise: N

  • Lot Code: Lot

  • Financial Statement: Y

Somewhat Walkable

  • Some errands can be accomplished on foot.
54 /100

Somewhat Bikeable

  • Most errands require a car.
41 /100
Map of 36 Victoria Street, Asphodel-Norwood
JK-8

Warsaw Public School

Elementary: Public
13.57 km
JK-8

Hastings Public School

Elementary: Public
8.14 km
JK-8

St. Paul Catholic Elementary School

Elementary: Catholic
0.67 km
JK-8

Kent Public School

Elementary: Public
16.08 km
JK-8

Havelock-Belmont Public School

Elementary: Public
9.85 km
JK-8

Norwood District Public School

Elementary: Public
0.46 km
9-12

Norwood District High School

Secondary: Public
0.43 km
9-12

Peterborough Collegiate and Vocational School

Secondary: Public
28.56 km
9-12

Campbellford District High School

Secondary: Public
16.96 km
9-12

Kenner Collegiate and Vocational Institute

Secondary: Public
30.07 km
9-12

Adam Scott Collegiate and Vocational Institute

Secondary: Public
27.97 km
9-12

Thomas A Stewart Secondary School

Secondary: Public
27.02 km

  • Norwood Mill Pond

    4340 Hwy, Norwood ON K0L 2V0 0.5km

  • Fowlds Millennium Park

    97 Elgin St, Hastings ON 9.03km

  • Douro Park

    Douro-Dummer ON K0L 3A0 13.63km

  • CIBC

    4459 Hwy, Norwood ON K0L 2V0 1.37km

  • TD Bank Financial Group

    40 Ottawa St W, Havelock ON K0L 1Z0 8.89km

  • TD Canada Trust Branch and ATM

    40 Ottawa St W, Havelock ON K0L 1Z0 8.89km