header

$799,000
Available - For Sale
Listing ID: X8252928
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. **vendor take back mortgage(VTB) available**
Price $799,000
Taxes: $3,942
Address: 3446 Highway 3 , Norfolk, N3Y 4J9, Ontario
Lot Size: 148 x 142 (Feet)
Acreage: .50-1.99
Directions/Cross Streets: Highway 3 and Concession Road 10
Rooms: 24
Bedrooms: 8
Washrooms: 6
Kitchens: 4
Family Room: N
Basement: Sep Entrance
Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Living 13.15 20.24
Room 2: Main Laundry 7.74 5.41
Room 3: Main Bathroom 7.74 8.50 3 Pc Bath
Room 4: Main Kitchen 13.42 14.83 Combined W/Dining
Room 5: Main Prim Bdrm 14.01 12.00
Room 6: 2nd 2nd Br 11.32 11.51
Room 7: 2nd 3rd Br 9.84 11.51
Room 8: 2nd 4th Br 15.58 9.74
Room 9: 2nd Bathroom 8.07 7.58 4 Pc Bath
Room 10: Bsmt Bathroom 2.98 4.99 2 Pc Bath
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  4 Main
Washroom 3:  3 2nd
Washroom 4:  4 2nd
Washroom 5:  2 Bsmt
Property Type: Multiplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: Attached
(Parking/)Drive: Available
Drive Parking Spaces: 8
Pool: None
Other Structures: Workshop
Approximatly Age: 100+
Approximatly Square Footage: 3500-5000
Property Features: Golf
Hospital
Library
School
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Forced Air
Central Air Conditioning: None
Sewers: Septic
Water: Well
Water Supply Types: Sand Point W
First Name: *
Last Name: *
Phone: *
Email: *
Showing Date:
Showing Time:
I Am Thinking of Moving
 
First Name: *
Last Name: *
Phone: *
Email: *

Message:

From:

Name:
Email:

To:

Name:
Email:

Comment:

 

Down payment: $  
Interest Rate: %  
Amortization :  Years
Payment Frequency:
Your Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
EXP REALTY

3446 Highway 3 , Norfolk, N3Y 4J9, Ontario

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
 Book Showing   Email a Friend 
Jump To:
At a Glance:
Type: Freehold - Multiplex
Area: Norfolk
Municipality: Norfolk
Neighbourhood: Simcoe
Style: 2-Storey
Lot Size: 148.00 x 142.00(Feet)
Approximate Age: 100+
Tax: $3,942
Maintenance Fee: $0
Beds: 8
Baths: 6
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
View Larger Map
Payment Calculator:
Price:
Down Payment: %
Rate: %
Amortization:  Years
Frequency
Calculate
Down Payment:
Mortgage Payment:
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Listing info
Description
General Details
Room & Interior
Exterior
Utilities
Get More Info:
Book Showing
Request More Info
Email Friend
Photos and movies:
View Slide Show
View All Photos
Calculator:
Affordability Chart
Mortgage Calculator
More To Do:
Print This Page

Listing added to compare list, click here  to view comparison chart.
Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

FEATURED PROPERTIES