27 Colborne Street
Norfolk, ON
3,000 sqft • Store W Apt/Office • 226 days on market
This beautifully updated mixed-use building offers a turnkey commercial space on the main level along with a bright and modern 2-bedroom apartment upstairs. Renovated throughout the last five years, the property shows exceptional care and quality, making it an excellent opportunity for investors seeking a well-maintained, income-generating asset. The main level features a professional and inviting layout, including four private offices, a welcoming reception area, a common workspace, and a convenient kitchenette with a 2-piece bath. Laminate flooring runs throughout the space, complemented by newer windows that enhance natural light. The front office also showcases an exposed brick wall, adding warmth, character, and a stylish focal point to the workspace. Upstairs, the large open-concept apartment offers abundant natural light and a modern, comfortable feel. It includes two generously sized bedrooms, a spacious 4-piece bathroom, and an open living, dining, and kitchen area with well-maintained finishes throughout. With strong curb appeal, thoughtful updates, and excellent overall condition, this property stands out as a prime investment opportunity.
Listing Details
- Taxes (2025)
- $4,773
- Listed
- January 9, 2026
Price History
Property
- Lot Size
- 32 x 94.7 Feet
Location & Legal
- Cross Street
- Colborne St. S
- Zoning
- CG
- Parcel Number
- 502250102
- Possession
- Flexible
Commercial
- Occupancy
- Tenant
- Office / Apartment Area
- 1500 Sq Ft
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
- 475
- Median days on market
- 41
- Sale-to-list price
- 96.0%
Based on 475 recorded sales of commercial properties in Norfolk over the last 12 months.
Listed by
PEAK REALTY LTD.
Location
Commercial figures
- Building area
- 3,000 sq ft
- Price per sq ft
- $149.97
- Annual property tax
- $4,773
- Tax per sq ft
- $1.59
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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