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145 NORFOLK Street

145 NORFOLK Street

Simcoe, Ontario

6 bed • 6 bath • Multi-family

$699,900

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.

Price History

Schools

Elementary

  • St. Joseph's School0.6 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 School1 km

    Public · Grand Erie DSB

  • ÉÉC Sainte-Marie-Simcoe1 km

    French Catholic · CS catholique MonAvenir · 80 students

Secondary

  • Simcoe Composite School0.8 km

    Public · Grand Erie DSB · 725 students

    Grade 10 literacy: 85% met the provincial standard

  • Holy Trinity Catholic High School1.3 km

    Catholic · Brant Haldimand Norfolk CDSB · 980 students

    Grade 10 literacy: 83% met the provincial standard

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

Street View

Mortgage Calculator

$139,980

Estimated Monthly Payment

$3,438

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $3,438/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $175/mo

Estimates only. Consult a financial advisor.

R

Reita | Assistant

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