285 Highway 3, Norfolk, Ontario N4G 4G7

Listed for:
$1,771,000
0 beds
0 baths
Listed 45 days ago
Multi-Family for rent: 285 Highway 3, Norfolk, Ontario N4G 4G7

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Learn more about this property
Listing provided by:
Century 21 Heritage House Ltd Brokerage
MLS® number:
X12449811
Agent:
Cole Shelly
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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 strong income and long-term investment stability. The building features a desirable unit mix of 1 three-bedroom, 1 two-bedroom, 2 one-bedroom, and 3 bachelor apartments, each thoughtfully updated between tenancies. One unit is currently vacant, providing an immediate opportunity to set new market rent or for flexible owner 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 could be leased for hobby use, storage, or small business purposes (estimated at ~$2,500/month).The property sits on a 1.09-acre CH-zoned corner lot with dual road access, allowing for multiple future-use possibilities and income growth potential. Conveniently located along Highway 3 between Tillsonburg and Delhi, this is an excellent investment for those seeking a clean, well-managed asset with reliable tenants and upside potential. (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