3446 Highway 3, Norfolk | Image 1

3446 Highway 3

Norfolk, Simcoe

  • 8 bed 6 bath 3500 sqft
$899,900 est.*: $3,049/mo
For Sale

Added 2 weeks ago

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  • Type: Multiplex

  • Style: 2-Storey

  • Size: 3500 sqft

  • Lot Size: 148 x 142 Feet

  • Age: 100+ years

  • Taxes: $3,942 per year

  • Days on Site: 2 Days

  • Added: Apr 19, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 1 hour ago

  • MLS®#: X8252928

  • Listed By: Exp realty

Uncover a unique investment opportunity with this property, featuring a single-family home & a triplex. This rare find offers a CAP rate of over 6%, presenting a myriad of possibilities. Consider moving into the spacious main house & let the income from the triplex cover your mortgage. The main house offers over 2000 square feet of living space, including 4 beds and 2 full baths. It also features an unfinished basement with a separate entrance, providing the potential to create an additional unit for increased property value & cash flow. The triplex comprises three units: one 2-bed unit and two 1-bed units, each with a full bathroom. The main level 1-bedroom unit has been fully renovated. The property, sitting on over half an acre of land, offers room for expansion & potential for future developments. The property also includes an attached garage that could potentially be rented out, three sheds currently used by the tenants, & a fire pit., Sandpoint well. Located in Simcoe, known for its safety & lower cost of living, this property is just 15 mins from Lake Erie & its beaches, offering a serene environment & recreational opportunities. Enjoy local events & festivals, craft breweries, & the Norfolk Golf and Country Club for socializing and leisure. With direct access to Highway 3, major cities are within easy reach. 15 mins to Port Dover. 60 mins to Hamilton. Toronto & Niagara Falls are within 1.5 hour drive away, perfect for weekend getaways. This is an investment opportunity you wouldn't want to miss!

Extras

3 septic systems on the property (cleaned yearly)- 1 for the main house & 2 for the rear triplex. 2 hot water tanks & 2 furnaces owned. Separate heating control and meters.

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Property

  • Status: Sale

  • Property Type: Multiplex

  • Style: 2-Storey

  • Size (sq ft): 3500

  • Age: 100+

  • Area: Norfolk

  • Community: Simcoe

  • Availability Date: 60-90 days

Inside

  • Bedrooms: 8

  • Bathrooms: 6

  • Kitchens: 4

  • Rooms: 24

  • Den/Family Room: No

  • Air Conditioning: None

  • Fireplace: No

  • Washrooms: 6

Building

  • Basement: Sep Entrance

  • Basement 2: Unfinished

  • Heat Type: Forced Air

  • Heat Source: Gas

  • Exterior: Vinyl Siding

  • Water Supply Type: Sand Point W

  • Water Supply: Well

  • Special Designation: Unknown

  • Other Structures: Workshop

Parking

  • Driveway: Available

  • Garage Spaces: 1

  • Garage Type: Attached

  • Covered Parking Spaces: 8

  • Total Parking Spaces: 9

Fees

  • Tax Year: 2023

  • Tax Legal Description: PT LT 23 CON 10 CHARLOTTEVILLE AS IN NR547105;NORFOLK COUNTY

  • Taxes: $3,942

Highlights

  • Feature: Golf

  • Feature: Hospital

  • Feature: Library

  • Feature: School

Land

  • Cross Street: Highway 3 And Conces

  • Municipality District: Norfolk

  • Fronting On: South

  • Parcel Number: 502630134

  • Pool: None

  • Sewer: Septic

  • Lot Depth: 142 Feet

  • Lot Frontage: 148 Feet

  • Lot Irregularities: 139 Frontage By 142 B

  • Acres: .50-1.99

  • Zoning: A

Rooms

Room details for 3446 Highway 3, Norfolk

Type Dimensions
Living Main 6.17 x 4.01
Laundry Main 1.65 x 2.36
Bathroom Main 2.59 x 2.36
Kitchen Main 4.52 x 4.09
Prim Bdrm Main 3.66 x 4.27
2nd Br 2nd 3.51 x 3.45
3rd Br 2nd 3.51 x 3.00
4th Br 2nd 2.97 x 4.75
Bathroom 2nd 2.31 x 2.46
Bathroom Bsmt 1.52 x 0.91
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Car-Dependent

  • Almost all errands require a car.
4 /100

Somewhat Bikeable

  • Most errands require a car.
27 /100
Map of 3446 Highway 3, Norfolk
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ÉÉC Sainte-Marie-Simcoe

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Bloomsburg Public School

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West Lynn Public School

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Lynndale Heights Public School

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St. Joseph's School

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Holy Trinity Catholic High School

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Assumption College School School

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