Home ›Listings ›Norfolk ›X12449811

285 Highway 3 N/A Norfolk ON

📍 Norfolk, Ontario N4G 4G7

$1,685,000

Active
324.35×206.06LOT (FT)
51-99AGE

📋 Listing Highlights

StatusActive
MLS®X12449811
ListedOct 7, 2025
Days on Market—
Property TypeCommercial
StyleInvestment
Cross StreetCorner of Highway 3 and Jackson Side Rd.
PossessionFlexible

📝 Listing Description

Beautifully maintained 7-unit multifamily property offering stable income with room to grow. The building features a desirable unit mix of 1 three-bedroom, 1 two-bedroom, 2 one-bedroom, and 3 bachelor apartments, with several units updated between tenancies. Two units are currently vacant, providing immediate opportunity for new leasing or flexible use.Ample on-site parking and a 2,400 sq.ft. insulated and heated detached garage/shop with plumbing add to the versatility of the property. The shop is currently owner-occupied but may be leaseable for hobby, storage, or small business purposes.Situated on a 1.09-acre CH-zoned corner lot with dual road access, the property offers future-use versatility and long-term potential. Conveniently located along Highway 3 between Tillsonburg and Delhi, this is a well-managed asset with solid existing tenants and clear upside available through lease-up of the vacant units and optional shop use.

🏠 Property Details

Property TypeCommercial
StyleInvestment
Approx. Age51-99

📐 Lot & Land

Lot Width324.35 ft
Lot Depth206.06 ft
Lot Size1.09 sqft
Cross StreetCorner of Highway 3 and Jackson Side Rd.

🔧 Building & Utilities

HeatingOther
CoolingNo
GarageSingle Detached

💰 Financial

List Price$1,685,000
Annual Taxes$10,772.35 (2024)
PossessionFlexible

🧮 Mortgage Calculator

$337,000
Est. Monthly Payment
$8,278/mo
Principal: $1,348,000 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by Century 21 Heritage House Ltd BrokerageData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #X12449811 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.