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$XXX,XXX
Status: Terminated
Uncover a unique investment opportunity with this property, featuring a single-family home & a triplex. This rare find offers a CAP rate of over 6%, presenting a myriad of possibilities. Consider moving into the spacious main house & let the income from the triplex cover your mortgage. The main house offers over 2000 square feet of living space, including 4 beds and 2 full baths. It also features an unfinished basement with a separate entrance, providing the potential to create an additional unit for increased property value & cash flow. The triplex comprises three units: one 2-bed unit and two 1-bed units, each with a full bathroom. The main level 1-bedroom unit has been fully renovated. The property, sitting on over half an acre of land, offers room for expansion & potential for future developments. The property also includes an attached garage that could potentially be rented out, three sheds currently used by the tenants, & a fire pit., Sandpoint well. Located in Simcoe, known for its safety & lower cost of living, this property is just 15 mins from Lake Erie & its beaches, offering a serene environment & recreational opportunities. Enjoy local events & festivals, craft breweries, & the Norfolk Golf and Country Club for socializing and leisure. With direct access to Highway 3, major cities are within easy reach. 15 mins to Port Dover. 60 mins to Hamilton. Toronto & Niagara Falls are within 1.5 hour's drive away, perfect for weekend getaways. This is an investment opportunity you wouldn't want to miss!
| Price | :$899,900 |
| Property Taxes | :$3942.00 |
| Tax Year | :2023 |
| Bedrooms | :8 + |
| No. of Rooms | :24 |
| Air Conditioning | :None |
| Heating | :Forced Air |
| Place of Worship | :No |
| Cross Street | :Highway 3 And Concession Road 10 |
| Bathrooms | :6 |
| Fuel | :Gas |
| Approx Square Footage | :3500-5000 sqft |
| Fireplace/Stove | :No |
| Living | :4.01 m x 6.17 m |
| Laundry | :2.36 m x 1.65 m |
| Prim Bdrm | :4.27 m x 3.60 m |
| 3rd Br | :3.00 m x 3.51 m |
| Bathroom | :2.46 m x 2.31 m |
| Bathroom | :2.36 m x 2.59 m |
| Kitchen | :4.09 m x 4.50 m |
| 2nd Br | :3.45 m x 3.51 m |
| 4th Br | :4.75 m x 2.97 m |
| Bathroom | :0.91 m x 1.52 m |
| Exterior Finish | :Vinyl Siding |
| Internet | :Yes |
| Parking Space | :8 |
| Basement | :Sep Entrance |
| Garage | :Attached |
| Library | :Library |
| Public Transit | :No |
| School | :No |
26 Apr, 2024
TREB #X8252956
Terminated
$899900.0
3446 Highway 3 brings to you its latest residential development at a prime location in Norfolk, Ontario.
EXP REALTY presents 3446 Highway 3 to the aspiring future-residents. The Property is for Sale and Terminated, it offers high capital appreciation and available at a price of 899,900. 3446 Highway 3 is the most luxurious Resedential nestled in Simcoe, Norfolk, Ontario Canada. 3446 Highway 3 development is a master-planned residential community located in Canada. These mesmerizing and breath-taking Detached are the ideal fit for those who aspire to live an opulent life in the most sought-after locality. the area is intended to create a safe and welcoming pedestrian experience. The residences of 3446 Highway 3 embody modern sophistication combined with the charm of the classic.
The residents at 3446 Highway 3 can enjoy exclusive access to an array of top-notch area size 3500-5000 sqft. Wait there’s more! 3446 Highway 3 also offers impressive exterior and interior features and finishes to offer you a lavishing lifestyle. It also covers 8+ beds, 6 baths.
Square Yards is offering Cashback amount of $4,500 on Booking the inventory, the project is live since 6 Days, there is No change in Price . Norfolk Real Estate offers mls multiple listing service from the real estate board of Norfolk. Square Yards offers quality services provided by trusted real estate agent and professionals who support in buying home or renting a property.
