
285 Highway 3 N/A
Norfolk, ON, N4G 4G7
Community:Rural Middleton
Asking Price
$1,771,000
Frontage
324.35 ft.
Lot Depth
206.06 ft.
Square Foot
1.019 ft.
Lot Area
1.091 Feet
Zoning
Commercial
285 Highway 3 N/A, Norfolk, N4G 4G7
Property Description
Original Remarks
Beautifully maintained 7-unit multifamily property offering strong income and long-term investment stability. The building features a desirable unit mix of 1 three-bedroom, 1 two-bedroom, 2 one-bedroom, and 3 bachelor apartments, each thoughtfully updated between tenancies. One unit is currently vacant, providing an immediate opportunity to set new market rent or for flexible owner 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 could be leased for hobby use, storage, or small business purposes (estimated at ~$2,500/month).The property sits on a 1.09-acre CH-zoned corner lot with dual road access, allowing for multiple future-use possibilities and income growth potential. Conveniently located along Highway 3 between Tillsonburg and Delhi, this is an excellent investment for those seeking a clean, well-managed asset with reliable tenants and upside potential.
PROPERTY HISTORY
285 Highway 3 N/A
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