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$929,000
Simcoe
71 NORFOLK Street North, Simcoe, Ontario, N3Y3N6
This multi-family property in Simcoe is for sale offering roughly 3,050 sq ft of space. It has been on the market 59 days, fresher than the Simcoe average of 74 days.
3 Units! This truly majestic building still has its original woodwork, flooring and leaded glass windows. Main floor is a beautiful 900 sq ft professional office space, with large waiting/ entry with grand staircase, 2 large offices, a kitchen area and bathroom. Beautiful woodwork, flooring, lighting and windows. Upper 2 stories contain a 2 bedroom apartment , with large rooms, original woodwork and built-ins, large bathroom with original tile, kitchen with lots of storage and counter space, an office leading out to a covered second story porch overlooking the park, a bonus room that could be a third bedroom and Sunroom. Basement has a fully contained 2 bedrooms, 1 bathroom apartment. With new flooring, lots of natural light, large kitchen with plenty of counter space, and updated bathroom freshly painted throughout. Basement unit is vacant. There is also a common area in the basement with a shared laundry area and utilities. Heated with a newer boiler system. Bonus small detached single garage. Plenty of parking. Located beside Lynnwood Park. This building is a must see! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 59 days on market, against an average age of 74 days across the listings currently for sale in this city
This 4-bed multi-family in Simcoe has been listed for 59 days, which is 15 days fresher than the city average of 74. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $929,000, about 12.0× the local median household income of $77,500.
Carrying it typically needs a household income of about $181,466 (20% down, 25-yr amortization, stress-tested) — roughly 134% above the area median.
Source: Statistics Canada, 2021 Census (FSA N3Y)
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Loading rates, 30-yr amortization
Cash Needed to Close
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