285 Highway 3, Norfolk
Beautifully maintained 7-unit multifamily property offering stable income with room to grow. The building features a desirable unit mix of 1 three-bedroom, 1 two-bedroom, 2 one-bedroom, and 3 bachelor apartments, with several units updated between tenancies. Two units are currently vacant, providing immediate opportunity for new leasing or flexible use.Ample on-site parking and a 2,400 sq.ft. insulated and heated detached garage/shop with plumbing add to the versatility of the property. The shop is currently owner-occupied but may be leaseable for hobby, storage, or small business purposes.Situated on a 1.09-acre CH-zoned corner lot with dual road access, the property offers future-use versatility and long-term potential. Conveniently located along Highway 3 between Tillsonburg and Delhi, this is a well-managed asset with solid existing tenants and clear upside available through lease-up of the vacant units and optional shop use. (id:1945)
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Property details for 285 Highway 3, Norfolk
- Type
- Multi-family
- Living Area
- 1 sqft
- Lot Size
- 1.091
- Heating
- Other
- Cooling
- None
- Annual Taxes
- $10,772
Nearby Listings Stat
Estimated price and comparable properties near 285 Highway 3
Active Listings
4
Min Price
$523,800
Max Price
$1,685,000
Avg Price
$982,150
Days on Market
183
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Price History
Listed
October 7, 2025
by Century 21 Heritage House Ltd Brokerage
Current Price
$1,685,000
Type
Multi-family
For Sale
