367 Norfolk Street N, Simcoe ON

About 367 Norfolk Street N

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:56071). Get more information on 367 Norfolk Street N

Property Features

Appliances:  Dryer, Washer
Features:  Paved driveway, Crushed stone driveway, In-Law Suite
Rental Equipment:  Rental Water Softener, Water Heater
Fireplace Total:  1
Fireplace:  Electric Other - See remarks
Directions:  HWY 403 to 24 S (exit 27 Simcoe); left on Rest Acres Rd; Continue to Norfolk Rd; home on left
Zoning Description:  R2
Interior Size:  2302 sqft
Community Features:  High Traffic Area, Community Centre
Access:  Road access
Lot:  under 1/2 acre
Exterior Finish:  Brick Veneer, Vinyl siding
Water:  Municipal water, Municipal sewage system
Heating / Cooling:   Natural gas / Central air conditioning
Age:  1956
Foundation: Block
Constructed Date:  1956
Basement:  Full (Partially finished) Partially finished

Rooms & Sizes

3pc Bathroom Second level 8 11 x 4 4	Primary Bedroom Second level 14 4 x 13 0	Eat in kitchen Second level 13 9 x 12 10
Family room Second level 12 6 x 11 4	Storage Basement 21 1 x 16 11	Laundry room Basement 16 2 x 12 10
3pc Bathroom Basement 7 3 x 7 1	Eat in kitchen Basement 18 2 x 7 5	Primary Bedroom Basement 17 1 x 14 5
4pc Bathroom Main level 7 3 x 6 11	Bedroom Main level 10 9 x 9 3	Primary Bedroom Main level 14 5 x 13 5
Dining room Main level 10 9 x 9 4	Kitchen Main level 13 5 x 10 11	Family room Main level 16 11 x 13 8