367 Norfolk Street, Norfolk, ON

$550,000
MLS#:X12998372
3 beds
3 baths
1500-2000 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["1 1/2 Storey"] detached located in the coveted neighborhood of Simcoe. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $550,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 40.01 x 100.88 ft lot
  • Features a ["apartment", "finished with walk-out", "separate entrance", "full", "partially finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: In-Law Capability, In-Law Suite
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

WOW!!! $4,221/Month in Rental Income! Versatile Legal Duplex with 3 Self-Contained Units in Prime Simcoe Location!Welcome to this solid brick 1.5 storey home offering three self-contained units, perfectly suited for investors, multi-generational living, or those looking to offset their mortgage with rental income. Located in a highly walkable area of Simcoe, close to amenities, schools, and transit, this property offers both lifestyle and long-term value. Currently fully tenanted with excellent tenants who would love to stay, this home provides immediate, reliable income. At the same time, it is flexible layout offers the option for future owner-occupancy! Live in one unit while the others help pay your mortgage! The property features a spacious 2-bedroom main floor unit, a bright upper-level unit, and a lower-level studio apartment with walk-out! There is ample parking for four vehicles including convenient rear access from Hawthorne Ave. Utilities (heat, hydro, water & A/C) are currently included in rent, supporting strong tenant retention and ease of management. Solid construction and functional layouts make this a low-maintenance, turnkey opportunity! Generate $4,221/month in income today while securing a property with flexible living options and future upside.Whether you're looking to invest, live, or both, this is a rare opportunity to own a versatile, income-generating property in a desirable Simcoe neighbourhood.

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Key Features

Bedrooms
3
Bathrooms
3
Kitchens
3
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 22, 2026
Sold price information is available to members only
Listed Date4/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick, Vinyl Siding
Lot Size40.01 × 100.88 Feet
CountyNorfolk
Annual Tax$2,738.37
Legal DescriptionLT 19 BLK 76B PL 182 EXCEPT NR303010; NORFOLK COUNTY

Parking & Garage

Parking Spaces4.0
Garage Spaces4
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Hospital, Library, Park, Public Transit, Rec./Commun.Centre, School

Community Features

Location

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367 Norfolk Street, Norfolk, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Simcoe, Norfolk.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$591,645

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Elgin Avenue
Public80 Elgin Avenue, Simcoe, Ontario, N3Y 4A8
4.6
St Joseph's
Public34 Potts Road, Simcoe, Ontario, N3Y 2S8
6.5
West Lynn
Public18 Parker Drive, Simcoe, Ontario, N3Y 1A1
5.4
Lynndale Heights
Public55 Donly Drive, Simcoe, Ontario, N3Y 5G7
6.5

Secondary Schools

Simcoe
Public40 Wilson Drive, Simcoe, Ontario, N3Y 2E5
6.2
Holy Trinity
Public128 Evergreen Hill Road, Simcoe, Ontario, N3Y 4N5
5.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 367 Norfolk Street N, Norfolk, ON N3Y 3P4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$440,000
Monthly Mortgage$2,557
Property Tax (Est.)$228
Utilities & Maint.$350
Total Monthly Cost$3,135

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Norfolk.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.