ON > Norfolk > Rural Middleton
Norfolk, ON N4G 4G7,285 Highway 3 N/A
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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
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Lia Del Bonifro

Lia Del Bonifro

+1(416) 819-7499
$ 1,685,000
Est. payment /mo
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Price Dropped by $86K

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

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

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 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.

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

See This Home in Person

285 Highway 3 N/A

Lia Del Bonifro

Lia Del Bonifro

Real Estate Sales Representative

+1(416) 819-7499

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