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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.
Inclusions
7 Stoves, 7 Refrigerators. in as is condition.
Exclusions
Any items belonging to tenants.
Broker
Century 21 Heritage House Ltd Brokerage
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Investment
285 Highway 3 Norfolk
Norfolk
Built
51-99
Type
Investment
Parking
Single Detached
Property Tax
~$10,772/yr
Heating
Other
Buying Essentials
Square Feet
1 sqft
Parking
Single Detached
Finances
List Price
$1,685,000
Price per SQFT
$1,685,000/sqft
Property Tax
~$10,772/yr
Property Specs
Property Type
Investment
MLS Size
1 sqft
Age of Building
51-99
Living & Amenities
Heating Type
Other
Policies & Utilities
Neighbourhood
Norfolk
Listed On
Oct 6, 2025
Days on Market
Current: 397 days
Room information is not available for this listing.
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