ON
Norfolk
N4G4G7
285 Highway 3
285 Highway 3, Norfolk, ON N4G4G7
Share Listing
Listing Type
Multi Family
Listing Status
Active
39
$1,685,000

Home Details for 285 Highway 3

Price
$1,685,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Lot size acres
1.091
Parking
Days on site
63
Listing #
X12449811
Property Description

Beautifully maintained 7-unit multifamily property offering stable income with room to grow. The building features a desirable unit mix of 1 three-bedroom, 1 two-bedroom, 2 one-bedroom, and 3 bachelor apartments, with several units updated between tenancies. Two units are currently vacant, providing immediate opportunity for new leasing or flexible use.Ample on-site parking and a 3,000 sq.ft. insulated and heated detached garage/shop with plumbing add to the versatility of the property. The shop is currently owner-occupied but may be leasable for hobby, storage, or small business purposes.Situated on a 1.09-acre CH-zoned corner lot with dual road access, the property offers future-use versatility and long-term potential. Conveniently located along Highway 3 between Tillsonburg and Delhi, this is a well-managed asset with solid existing tenants and clear upside available through lease-up of the vacant units and optional shop use. (id:31684)

Property Features
  • Cooling Information
    • None
  • Heating Information
    • Other
Listing Courtesy: Century 21 Heritage House Ltd Brokerage
Canadian Real Estate Association logoThe trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by and identify the quality of services provided by REALTORS®. Used under license. This information contained on this site is based in whole or in part on listing content from The Canadian Real Estate Association, which assumes no responsibility for its accuracy. This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Canadian Real Estate Association.
EXIT REALTY STRATEGIES, BROKERAGE
2279 Fairview St. Unit #1, Burlington, ON L7R 2E3
Office
289 804 0505
Request more details
Code: