For sale 50$999,000
498 Norfolk Street South
Simcoe, Ontario N3Y2X5
For sale· Added
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 Bathroom | Second level | — |
| 4pc Bathroom | Main level | — |
| 2pc Bathroom | Main level | — |
| Den | Second level | 6'8'' x 11'0'' |
| Living room | Second level | 12'0'' x 12'5'' |
| Bedroom | Second level | 9'6'' x 12'0'' |
| Kitchen | Second level | 8'7'' x 11'6'' |
| Bedroom | Main level | 9'3'' x 10'7'' |
| Bedroom | Main level | 9'3'' x 10'2'' |
| Primary Bedroom | Main level | 11'4'' x 16'5'' |
| Kitchen | Main level | 11'0'' x 14'0'' |
| Dining room | Main level | 13'0'' x 14'0'' |
| Living room | Main level | 13'0'' x 14'0'' |
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