56 NORFOLK Street
Simcoe, Ontario
Multi-family
Royal LePage Commercial – The Investments Group is pleased to present 56 Norfolk Street S, Simcoe, a fully leased mixed-use 8-plex in one of the town’s most desirable downtown locations. The three-storey building offers over 9,000 SF above grade, featuring two high-exposure commercial units with 15’ ceilings and six spacious residential suites with strong natural light and separately metered utilities for the upper units. Extensive capital improvements include roof and flashing, flooring, plumbing, electrical, sub-panels, fixtures, and masonry upgrades. The property also benefits from ample on-site parking and flexible CBD zoning, allowing for a wide range of permitted uses, including the potential to add an additional unit on the main floor. A well-located income-producing asset with a Vendor Take-Back mortgage available in first or second position, providing additional flexibility for qualified buyers.
Price History
Schools
Secondary
- Simcoe Composite School0.6 km
Public · Grand Erie DSB · 725 students
Grade 10 literacy: 85% met the provincial standard
- Holy Trinity Catholic High School1.4 km
Catholic · Brant Haldimand Norfolk CDSB · 980 students
Grade 10 literacy: 83% met the provincial standard
Elementary
- St. Joseph's School0.8 km
Catholic · Brant Haldimand Norfolk CDSB · 605 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 44% met the provincial standard
- Elgin Avenue Public School0.8 km
Public · Grand Erie DSB
- ÉÉC Sainte-Marie-Simcoe0.8 km
French Catholic · CS catholique MonAvenir · 80 students
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N3Y
- Population
- 23,402
- Private dwellings
- 10,382
- Median age
- 49.2
- Average household size
- 2.3
- Median household income
- $77,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Simcoe · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of multi-family properties in Simcoe over the last 12 months.
Location
Mortgage Calculator
$399,800
Estimated Monthly Payment
$9,820
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $9,820/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $500/mo
Estimates only. Consult a financial advisor.
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