45 Peel Street, Norfolk, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Simcoe. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $799,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 80.76 x 113 ft lot size
- equipped with yes central cooling and highly efficient gas hot water heating
Description
Superb Classic Structure in the centre of Simcoe, next to City Hall square. Ideal for medical/therapeutic services facility uses, retail uses, cafe uses, fitness/dance training, etc . Thriving Region Of Norfolk. Interior Professionally Redesigned. Approximately 8186 Sq Ft (plus mezzanine) Of Finished Office And Open Concept Work Areas. Soaring High Ceiling Structure With Picturesque Central Skylight & Exquisite 2nd Level Mezzanine Design. Loads Of Natural Light. Classic Original Exterior. Several Finished Private Offices & Various Open Concept Work Areas. New HVAC system. Newer Boiler System and Central Air System. Private Parking Lot For 10 Cars. Handicap Access Entrance. Space can be divided. Utilities extra. NOTE: Very favorable Vendor Take Back financing is available.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 45 Peel Street, Norfolk, ON N3Y 1S3
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Norfolk, ON
For a property listed at $799,000 in Norfolk, the legal minimum down payment is $54,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $12,455 for this transaction. As this listing is in Norfolk (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $12,455.
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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.