285 Highway 3, Norfolk, ON N4G 4G7
Norfolk, ON, N4G 4G7 · Rural Middleton
About this property
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.
Features & Amenities
- Garage: Single Detached
- Cooling: No
- Heat Type: Other
- Sewer: Septic
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Investment |
| Lot Size | 1 Feet |
| Garage | Single Detached |
| Heat Type | Other |
| Cooling | No |
| Sewer | Septic |
| Annual Tax | $10,772 |
| Tax Year | 2024 |
Building & Construction
- Approximate Age
- 51-99
- Building Area Total
- 1.019
Heating & Cooling
- Heat Type
- Other
- Cooling
- No
Parking & Garage
- Garage Type
- Single Detached
Lot & Land
- Lot Size Area
- 1.09
- Lot Size Units
- Feet
- Lot Depth
- 206.06
- Lot Width
- 324.35
- Lot Irregularities
- 260.06ft x 324.35ft x 37.39ft x 343.20ft
Financial & Tax
- Tax Annual Amount
- $10,772
- Tax Year
- 2024
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Septic
- Utilities
- Available
Additional Details
- Occupant Type
- Tenant
- County Or Parish
- Norfolk
- Cross Street
- Corner of Highway 3 and Jackson Side Rd.
- Directions
- From 401 take exit 218 (Ingersoll/ Tillsonburg). Head south on Hwy 19 (about 15-20 Mins). Follow Signs to Hwy 3 (Talbot Rd). Turn Left/ East onto Hwy 3 - follow to 285 Hwy 3
- Showing Requirements
- Lockbox
Location
285 Highway 3, Norfolk, ON N4G 4G7, Norfolk, ON, N4G 4G7