Size
-
Lot size
1.43 Acre
Street frontage
-
Possession
Flexible
Price per sqft
$400 - $500
Taxes
$4,390.83 (2025)
Parking Type
-
Style
2 1/2 Storey
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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. Concept design available upon request. 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.
Broker: SOTHEBY'S INTERNATIONAL REALTY CANADA
MLS®#: X13610216
Property details
Parking:
3
Parking type:
-
Property type:
Detached
Heating type:
Forced Air
Style:
2 1/2 Storey
MLS Size:
2000-2500 sqft
Lot front:
81 Ft
Lot depth:
767 Ft
Listed on:
Jul 27, 2026
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Instant estimate:
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$4,212
higher than listed pricei
High
$1,031,407
Mid
$1,003,212
Low
$949,440
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