285 Highway 3, Norfolk, Ontario N4G 4G7

Listed for:
$1,685,000
0 beds
0 baths
Listed 21 days ago
Multi-Family for rent: 285 Highway 3, Norfolk, Ontario N4G 4G7

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About

Cross Streets: Corner of Highway 3 and Jackson Side Rd. ** Directions: From 401 take exit 218 (Ingersoll/ Tillsonburg). Head south on Hwy 19 (about 15-20 Mins). Follow Signs to Hwy 3 (Talbot Rd). Turn Left/ East onto Hwy 3 - follow to 285 Hwy 3. 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 2,400 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 leaseable 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:27476)

Property Highlights

MLS® Number
X12449811
Type
Multi-family
Community Name
Rural Middleton
Land Size
1.091 ac

Building

Building Type
Multi-Family
Square Footage
1 ac
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Other
Heating Fuel
Building Cooling Type
None

Utilities

Utility Sewer
Septic System

Location

Learn more about this property
Listing provided by:
Century 21 Heritage House Ltd Brokerage
MLS® number:
X12449811
Agent:
Cole Shelly
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