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145 Norfolk Street S, Simcoe, ON, N3Y 2W2

MLS® # 40687032
Investment For Sale In Simcoe, Ontario
$780,000
145 Norfolk Street S, Simcoe, ON
145 Norfolk Street S, Simcoe, ON
145 Norfolk Street S, Simcoe, ON
145 Norfolk Street S, Simcoe, ON
145 Norfolk Street S, Simcoe, ON
145 Norfolk Street S, Simcoe, ON

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145 Norfolk Street S, Simcoe, ON, N3Y 2W2
$780,000

Property Information:

Prime Investment Opportunity in Downtown Simcoe!. Discover the perfect blend of modern living and investment potential with this exceptional 6-Plex property in the heart of Simcoe. Nestled in a highly desirable downtown location, this multi-residential gem offers easy access to charming shops, essential services, and the scenic walking trails along the Lynn River. Property Highlights: 6 Units: A balanced mix of updated and well-maintained units, with 4 recently renovated to meet the demands of today’s renters; Parking: Ample parking options with both street and onsite availability, ensuring convenience for tenants. Prime Location: Steps away from everything downtown Simcoe has to offer, making it a magnet for prospective tenants seeking lifestyle and convenience. This property isn’t just about its current appeal—it’s a gateway to the thriving multi-residential market. As demand for quality rental units continues to rise in Simcoe, this 6-plex offers a stable and growing income stream. With four units already upgraded, the heavy lifting is done, allowing you to focus on maximizing returns. The mix of updated units ensures strong rental rates, while the unbeatable location guarantees high occupancy and low turnover. Capitalize on the increasing value of multi-residential properties in this vibrant community. Whether you’re a seasoned investor or looking to expand your portfolio, this 6-plex is a strategic addition that promises long-term growth and stability. Don’t miss out on this rare opportunity to secure a property with excellent potential in one of Simcoe’s most sought-after areas.

Inclusions: None,All Inclusions Included In "as-Is" Condition.

Exclusions : Tenant's Belongings.

Building Features:

  • Floor Space: 4282 Square Feet

Property Features:

  • Bedrooms: 6
  • Acres Range: < 0.5
  • Basement: Partial, Unfinished
  • Built in: 1885
  • Construction Materials: Brick
  • Cooling: None
  • Driveway Parking: Private Drive Single Wide
  • Floor Space (approx): 4282 Square Feet
  • Heating: Forced Air, Natural Gas
  • Laundry Features: In-Suite
  • Lot Depth: 109.77 Feet
  • Lot Features: Rectangular, City Lot, Hospital, Library, Park, Public Parking, Public Transit, Rec./Community Centre, Shopping Nearby, Trails
  • Lot Frontage: 61.90 Feet
  • Other Structures: Shed(s)
  • Parking Features: Mutual/Shared
  • Road Frontage Type: Municipal Road
  • Road Surface Type: Paved
  • Roof: Metal
  • Water Source: Municipal
  • Water Treatment:
  • Waterfront Features: Lake/Pond
  • Zoning: CBD
  • Sewer: Sewer (Municipal)
  • No. of Parking Spaces: 6

Courtesy of: RE/MAX ERIE SHORES REALTY INC. BROKERAGE

Data provided by: Simcoe and District Real Estate Board 191 Queensway West, Simcoe, Ontario N3Y 2M8
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

Location of 145 Norfolk Street S, Simcoe, ON, N3Y 2W2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-High

37 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate-High

37 hot days expected in 2050

60/100

Moderate-High

ClimateCheck®

Current data

This property, 145 Norfolk Street S, experiences 7 hot days per year at around 30.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 37 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.7℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
37

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

64/100

Moderate-High

ClimateCheck®

Current data

This property, 145 Norfolk Street S, experiences 11 significant 2-day storms per year, with about 331.6mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 410.4mm of precipitation per year.

Precipitation Per Storm

Past
331.6mm
2050
410.4mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 145 Norfolk Street S, Simcoe, ON, N3Y 2W2

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$92,950.50

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.53 %

High school certificate or equivalent

36.04 %

Apprenticeship trade certificate/diploma

4.21 %

College/non-university certificate

23.54 %

University certificate (below bachelor)

0.25 %

University Degree

8.44 %

Commuter

Travel To Work

By Car

86.12 %

By Public Transit

0.0 %

By Walking

7.76 %

By Bicycle

3.97 %

By Other Methods

2.15 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

30.06 %

Houses

69.94 %

Own Vs. Rent