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498 NORFOLK STREET S, Norfolk (Simcoe)
2026-07-28
Quick Summary
MLS®#X13610216
Property Description
At nearly 3 acres and located within Simcoe's Urban Development Boundary, 498 Norfolk Street South presents a rare opportunity for home owners, investors, and developers alike. With an existing duplex already in place, the property offers immediate rental income while supporting exceptional long-term upside. Potential to rezoning to R4 or R5 to accomodate townhomes, apartments, or other residential uses. The owner has completed a preliminary servicing memo in consulation with Vallee Consulting and Norfolk County Municipal services are available at the road, making the property well positioned for future infill development. Whether you are seeking a sizeable in-town estate property, an investment opportunity to land bank while generating income, or a redevelopment project with significant future potential, 498 Norfolk Street South is a property that warrants serious consideration. (id:32467)
Property Features
Ammenities Near By
- Ammenities Near By: Golf Nearby, Hospital, Place of Worship, Schools
Building
- Basement Development: Partially finished
- Basement Type: N/A (Partially finished)
- Construction Style: Detached
- Cooling Type: None
- Exterior Finish: Brick
- Fireplace: No
- Interior Size: 2000 - 2500 sqft
- Building Type: House
- Stories: 2.5
- Utility Water: Municipal water
Land
- Land Size: 81 x 767.2 FT ; Irregular: 129, 715 sq.ft Source GeoW|2 - 4.99 acres
- Sewer: Sanitary sewer
Ownership
- Type: Freehold
Zoning
- Description: R2
Information entered by SOTHEBY'S INTERNATIONAL REALTY CANADA
Listing information last updated on: 2026-07-30 05:37:17
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How much could you save in commission selling with One Percent Realty?
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$500,000
Your One Percent Realty Commission savings†
$500,000
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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
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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