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367 Norfolk Street N Simcoe, Ontario N3Y 3P4

4 Bedroom 3 Bathroom 2302 sqft
Fireplace Central Air Conditioning Forced Air

$550,000

WOW!!! $4,221/Month in Rental Income! Versatile Legal Duplex with 3 Self-Contained Units in Prime Simcoe Location! Welcome to this solid brick 1.5 storey home offering three self-contained units, perfectly suited for investors, multi-generational living, or those looking to offset their mortgage with rental income. Located in a highly walkable area of Simcoe, close to amenities, schools, and transit, this property offers both lifestyle and long-term value. Currently fully tenanted with excellent tenants who would love to stay, this home provides immediate, reliable income. At the same time, its flexible layout offers the option for future owner-occupancy! Live in one unit while the others help pay your mortgage! The property features a spacious 2-bedroom main floor unit, a bright upper-level unit, and a lower-level studio apartment with walk-out! There is ample parking for four vehicles including convenient rear access from Hawthorne Ave. Utilities (heat, hydro, water & A/C) are currently included in rent, supporting strong tenant retention and ease of management. Solid construction and functional layouts make this a low-maintenance, turnkey opportunity! Generate $4,221/month in income today while securing a property with flexible living options and future upside. Whether you’re looking to invest, live, or both, this is a rare opportunity to own a versatile, income-generating property in a desirable Simcoe neighbourhood. (id:63008)

Property Details

MLS® Number 40820603
Property Type Single Family
AmenitiesNearBy Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
CommunityFeatures High Traffic Area, Community Centre
EquipmentType Rental Water Softener, Water Heater
Features Paved Driveway, Crushed Stone Driveway, In-law Suite
ParkingSpaceTotal 4
RentalEquipmentType Rental Water Softener, Water Heater

Building

BathroomTotal 3
BedroomsAboveGround 3
BedroomsBelowGround 1
BedroomsTotal 4
Appliances Dryer, Washer
BasementDevelopment Partially Finished
BasementType Full (partially Finished)
ConstructedDate 1956
ConstructionStyleAttachment Detached
CoolingType Central Air Conditioning
ExteriorFinish Brick Veneer, Vinyl Siding
FireplaceFuel Electric
FireplacePresent Yes
FireplaceTotal 1
FireplaceType Other - See Remarks
FoundationType Block
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 1
SizeInterior 2302 Sqft
Type House
UtilityWater Municipal Water

Parking

Open

Land

AccessType Road Access
Acreage No
LandAmenities Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping
Sewer Municipal Sewage System
SizeDepth 101 Ft
SizeFrontage 40 Ft
SizeTotalText Under 1/2 Acre
ZoningDescription R2

Rooms

Level Type Dimensions
Second Level 3pc Bathroom 8'11'' x 4'4''
Second Level Primary Bedroom 14'4'' x 13'0''
Second Level Eat In Kitchen 13'9'' x 12'10''
Second Level Family Room 12'6'' x 11'4''
Basement Storage 21'1'' x 16'11''
Basement Laundry Room 16'2'' x 12'10''
Basement 3pc Bathroom 7'3'' x 7'1''
Basement Eat In Kitchen 18'2'' x 7'5''
Basement Primary Bedroom 17'1'' x 14'5''
Main Level 4pc Bathroom 7'3'' x 6'11''
Main Level Bedroom 10'9'' x 9'3''
Main Level Primary Bedroom 14'5'' x 13'5''
Main Level Dining Room 10'9'' x 9'4''
Main Level Kitchen 13'5'' x 10'11''
Main Level Family Room 16'11'' x 13'8''

https://www.realtor.ca/real-estate/29603989/367-norfolk-street-n-simcoe

Cheryl Buis
Salesperson


Royal LePage Burloak Real Estate Services
Suite#200-3060 Mainway
Burlington, Ontario L7M 1A3

Frank Buis
Salesperson


Royal LePage Burloak Real Estate Services
Suite#200-3060 Mainway
Burlington, Ontario L7M 1A3

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