39 Norfolk Street

Norfolk, ON

4,983 sqft • Store W Apt/Office • 406 days on market

$479,999Price reduced 17%

Attention Investors!! Cash Flow positive Four Plex to begin or add to your Portfolio, with an Incredible Rent Roll! The main building consists of one Commercial unit and two Residential units, alongside a detached 2nd commercial unit for a total of 4 units. Features 3 separate hydro meters, One for separate detached commercial space, one for main floor, and a third for upstairs. Many renovations have been completed within the last two to three years, including Vinyl siding, Flooring, Insulation, front windows, New concrete pad for parking in the rear and a 2nd residential unit added on the main floor and much more...Would be a great addition to any Portfolio!

Listing Details

Taxes (2024): $4,732
Originally Listed: $575,000
Listed: July 11, 2025

Price History

Listing history

Property

Lot Size: 48 x 105 Feet

Location & Legal

Cross Street: Highway #24 & Argyle St.
Zoning: CBD
Parcel Number: 502290013
Possession: Flexible

Commercial

Occupancy: Tenant
Office / Apartment Area: 1200 Sq Ft

Included

Inclusions: Sellers appliances; Unit A - Fridge Stove Washer/Dryer Unit B- Fridge Stove Washer, Dryer
Exclusions: Tenants possessions

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

Commercial in Norfolk · last 12 months

Median sold price: $585,000
Homes sold: 473
Median days on market: 41
Sale-to-list price: 96.0%

Based on 473 recorded sales of commercial properties in Norfolk over the last 12 months.

Listed by

Coldwell Banker G.R. Paret Realty Limited Brokerage