
Duplex For Sale
$550,000
MLS® Number: 40820542
Bedrooms
3
Bathrooms
3
Floor Area
2,302
Year Built
1956
Duplex For Sale
$550,000
Bedrooms
3
Bathrooms
3
Floor Area
2,302
Year Built
1956
367 NORFOLK Street N, Simcoe, Ontario
About This Property
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.
Property Details
Interior Details
Basement
Partially finished, Full
Bathrooms Total
3
Bedrooms Total
3
Cooling
Central air conditioning
Heating
Forced air, Natural gas
Living Area
2302 sqft
Building & Exterior
Exterior Features
Vinyl siding, Brick Veneer
Number Of Units Total
3
Parking Features
Open
Stories
1.5
Year Built
1956
Land & Location
Community Features
High Traffic Area, Community Centre
Frontage Length
40.0 feet
Lot Features
Paved driveway, Crushed stone driveway
Postal Code
N3Y3P4
Subdivision Name
Town of Simcoe
Listing & Financials
Listing Office
Royal LePage Burloak Real Estate Services
Originating System Name
Cornerstone Association of REALTORS®
Other Specifications
Common Interest
Freehold
Country
Canada
Parking Total
4
Listed By
Royal LePage Burloak Real Estate Services
Mortgage Calculator
Estimated Monthly Payment
$2,702
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$2,702
Principal and interest only. Actual rates may vary.