285 Highway 3, Norfolk, Ontario N4G 4G7

Listed for:
$1,685,000
0 beds
0 baths
Listed 93 days ago
Multi-Family for rent: 285 Highway 3, Norfolk, Ontario N4G 4G7

View all 39 photos

Learn more about this property
Listing provided by:
Century 21 Heritage House Ltd Brokerage
MLS® number:
X12449811
Agent:
Cole Shelly
*Indicates required field
Name is required
Email is required
Please enter a valid phone number (e.g., 416-111-1111).

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 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: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