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498 Norfolk Street South — photo 1498 Norfolk Street South — photo 2498 Norfolk Street South — photo 3498 Norfolk Street South — photo 4

$999,000

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498 Norfolk Street South

Simcoe, Ontario N3Y2X5

For sale· Added

4 bed3 bath2,184 sqft

About this home

At nearly 3 acres and located within Simcoe's Urban Development Boundary, 498 Norfolk Street South presents a rare opportunity for homeowners, 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 accommodate townhomes, apartments, or other residential uses. The owner has completed a preliminary servicing memo in consultation 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're 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.

Location

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Property details

Listing

MLS® number
40851424
Added
Jul 27, 2026 ()
Updated
Jul 27, 2026 ()
Info refreshed

Overview

Property type
Single Family
Building type
Detached
Storeys
2.5
Ownership
Freehold
Year built
1,916

Inside

Bedrooms
4
Bathrooms
3
Half baths
1
Heating
Forced air, Natural gas
Cooling
None
Fireplace
No
Features
Conservation/green belt

Building

Basement
Partially finished, Full
Exterior
Brick
Foundation
Poured Concrete
Parking
Detached Garage · 4 spaces

Land

Frontage
81 ft
Zoning
R2

Services

Water
Municipal water
Sewer
Municipal sewage system
Utilities
Natural Gas, Telephone

Location

Community
Town of Simcoe
Directions
Norfolk Street South. Just south of White Horse Plaza.
Nearby
Community Centre

Running costs

Annual property tax
$4,391

Rooms

4pc BathroomSecond level—
4pc BathroomMain level—
2pc BathroomMain level—
DenSecond level6'8'' x 11'0''
Living roomSecond level12'0'' x 12'5''
BedroomSecond level9'6'' x 12'0''
KitchenSecond level8'7'' x 11'6''
BedroomMain level9'3'' x 10'7''
BedroomMain level9'3'' x 10'2''
Primary BedroomMain level11'4'' x 16'5''
KitchenMain level11'0'' x 14'0''
Dining roomMain level13'0'' x 14'0''
Living roomMain level13'0'' x 14'0''

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$999,000
498 Norfolk Street South
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