56 NORFOLK STREET S, Norfolk (Simcoe)

2026-03-03
 

Quick Summary

Location
56 NORFOLK STREET S, Norfolk (Simcoe), Ontario N3Y2W2
Price
$1,999,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
9113 sqft
Garages:
6

MLS®#X12836664

Property Description

Royal LePage Commercial - The Investments Group is pleased to present 56 Norfolk Street S, Simcoe, a fully leased mixed-use 8-plex in one of the town's most desirable downtown locations. The three-storey building offers over 9,000 SF above grade, featuring two high-exposure commercial units with 15' ceilings and six spacious residential suites with strong natural light and separately metered utilities for the upper units. Extensive capital improvements include roof and flashing, flooring, plumbing, electrical, sub-panels, fixtures, and masonry upgrades. The property also benefits from ample on-site parking and flexible CBD zoning, allowing for a wide range of permitted uses, including the potential to add an additional unit on the main floor. A well-located income-producing asset with a Vendor Take-Back mortgage available in first or second position, providing additional flexibility for qualified buyers. (id:32467)

Property Features

Ammenities Near By

  • Ammenities Near By: Public Transit

Building

  • Cooling Type: None
  • Fireplace: No
  • Interior Size: 9113 sqft
  • Building Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Land Size: 112.76 x 81.22 FT
  • Sewer: Sanitary sewer

Zoning

  • Description: CBD

Information entered by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Listing information last updated on: 2026-04-27 17:50:17


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$500,000

Your One Percent Realty Commission savings

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Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

One Percent Realty's top FAQs

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What is the deal exactly, with One Percent ?

We are a fully licensed real estate company that offers full service but at a discount commission. In terms of services and exposure, we are identical to whoever you would like to compare us with. We are on MLS®, all the top internet real estate sites, we place a sign on your property ( if it's allowed ), we show the property, hold open houses, advertise it, handle all the negotiations, plus the conveyancing. There is nothing that you are not getting, except for a high commission!

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What do you charge?

We charge a total of $7,950 for residential properties under $400,000. For residential properties $400,000-$900,000 we charge $9,950. For residential properties over $900,000 we charge 1% of the sale price plus $950. Plus Applicable taxes, of course. We also offer the flexibility to offer more commission to the buyer's agent, if you want to. It is as simple as that! For commercial properties, farms, or development properties please contact a One Percent agent directly or fill out the market evaluation form on the bottom right of our website pages and a One Percent agent will get back to you to discuss the particulars.

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