285 Highway 3 N/A, Norfolk, ON N4G 4G7
285 Highway 3 N/A, Norfolk, ON N4G 4G7
285 Highway 3 N/A, Norfolk, ON N4G 4G7
285 Highway 3 N/A, Norfolk, ON N4G 4G7
285 Highway 3 N/A, Norfolk, ON N4G 4G7
285 Highway 3 N/A, Norfolk, ON N4G 4G7
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Peter Velentis

Peter Velentis

+1(647) 287-1509
$ 1,685,000
Est. payment | /mo

1 SqFt

Save
$ 1,685,000
Est. payment | /mo
Save

1 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1 sqft

Price per Sqft $1,685,000

Subdivision Rural Middleton

MLS Listing ID X12449811

Annual Tax Amount $10,772

Tax Year 2024

Property Sub-Type Investment

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 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.

Location

Province ON

County Norfolk

Area Norfolk

Interior

Cooling No

Exterior

Utilities Available Available

Lot Frontage 324.35

Lot Depth 206.06

Building

Building Age 51-99

Others

ParcelsYN No

Listed by Century 21 Heritage House Ltd Brokerage

Nearby Locations

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285 Highway 3 N/A

Peter Velentis

"When you work with me, youère not just getting a realtor-youère gaining a trusted advisor whose expertise, innovative solutions, and steadfast commitment to your success make all the difference. Whether youère buying, selling, or investing, I am here to guide you every step of the way, ensuring that your real estate experience is both rewarding and stress-free."

+1(647) 287-1509

peter.velentis@lptrealty.com

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