14 Potts Road

Introducing a remarkable opportunity to acquire a Multi-Family Home for sale in Norfolk , located at 14 Potts Road, Norfolk. This attractive and affordable 1.5 storey multiplex is situated in the popular and established southeast quadrant of Simcoe, providing residents with convenient access to a wealth of amenities. The proximity to the hospital, schools, churches, arenas, parks, and the Lynn walking and biking trails makes this property an ideal choice for families and individuals alike. Furthermore, the nearby golf course, east-side shopping centres, eateries, bistros, and the downtown business district ensure that everything you need is just a stone's throw away.

The property at 14 Potts Road, Norfolk, is well-maintained and positioned on a generous 62.50 x 112 feet (0.16 acres) serviced lot. It features two separate driveways, providing ample parking space for up to two vehicles. This Multi-Family Home for sale in Norfolk offers a total of seven rooms, including two kitchens and two bathrooms, making it an excellent choice for those looking to invest in a property that can accommodate multiple families or provide rental income.

The main level unit, measuring 891 square feet, is currently occupied by the owner and will be vacant at closing. This tastefully presented space boasts a modern kitchen with ample cabinetry, butcher block countertops, and a stylish tile backsplash. The roomy dinette area features a patio door that leads out to a deck, perfect for enjoying the outdoors. The large living room is complemented by two sizeable bedrooms, both equipped with closets, and an updated, stylish four-piece bathroom. The low-maintenance flooring throughout the unit enhances the clean, move-in ready neutral décor, making it a welcoming environment for any new occupant.

The upper-level unit, also part of this Multi-Family Home for sale in Norfolk, has been occupied by an excellent long-term tenant who pays £625 per month and wishes to stay. This 439 square foot space features a well-designed eat-in kitchen, complete with an adjacent pantry that includes laundry facilities. The comfortable living room leads to a spacious primary bedroom, along with a four-piece bathroom. This arrangement not only provides a comfortable living space but also presents a fantastic opportunity for generating rental income.

The property at 14 Potts Road, Norfolk, is equipped with several additional features that enhance its appeal. These include a metal roof, vinyl siding, and vinyl windows, ensuring durability and low maintenance. The home is also fitted with two fridges, two stoves, one washer, one dryer, a water softener, and a sediment filter. The property benefits from a 100 amp hydro service, with one hydro meter, one natural gas meter, and one water meter, providing all the essential utilities needed for comfortable living.

With a full, partially finished basement that houses multiple rooms, including a laundry station and a natural gas furnace, this Multi-Family Home for sale in Norfolk offers additional potential for expansion or storage. The convenience of municipal water and sewer services further enhances the desirability of this property.

This property is ideally suited for first-time buyers looking to enter the housing market. By living in the main floor unit and utilising the upper-level rental income to supplement mortgage payments, new homeowners can enjoy a more manageable financial commitment. The combination of location, features, and potential makes this Multi-Family Home for sale in Norfolk a truly exceptional opportunity.

In summary, 14 Potts Road, Norfolk, is a well-located and versatile property that offers both comfortable living and investment potential. With its appealing features and the possibility of generating rental income, this Multi-Family Home for sale in Norfolk is not to be missed. Whether you are looking to make your first purchase or expand your property portfolio, this home presents a fantastic opportunity to achieve your goals.

Simcoe, nestled within the charming city of Norfolk, offers a delightful blend of rural tranquillity and urban convenience. Surrounded by picturesque landscapes, this quaint community boasts a rich agricultural heritage, with lush fields and vibrant gardens that reflect its pastoral roots. Residents enjoy easy access to local amenities, including shops, cafes, and recreational facilities, while the nearby scenic waterways provide opportunities for outdoor activities such as boating and fishing. With a strong sense of community spirit and a welcoming atmosphere, Simcoe is an ideal place for those seeking a peaceful yet connected lifestyle in a beautiful setting.

Schools in the Neighbourhood

The property is conveniently located near two educational institutions, both of which are part of the Brant Haldimand Norfolk Catholic District School Board. St. Joseph's School, situated just 0.0 km away, offers a Catholic education in English for students from Junior Kindergarten to Grade 8. This school is a great option for families seeking a faith-based learning environment close to home. Additionally, Saint Joseph's School, located a mere 0.1 km from the property, also provides a Catholic education but focuses on French language instruction, catering to the same grade levels. Both schools are within walking distance, making them highly accessible for families with young children. While the school ratings are currently not specified, the close proximity of these institutions adds significant value to the property, providing parents with convenient options for their children's education. The combination of English and French language programs allows for a diverse learning experience, ensuring that families can choose the best fit for their child's educational needs. Overall, this area is ideal for families prioritizing quality education and convenience.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 500 residents, with an average household size of 2.3 individuals. The demographic profile reveals an average age of 39.9 years and a household income averaging $65,000. Notably, 27.6% of the population is classified as low-income, indicating economic challenges for a segment of the community. The average home price in the area is $395,000, which may reflect the local market conditions. A significant portion of the population, 54.55%, is single, while 33.33% of households include children, suggesting a mix of family structures. The area also has a 50% renter population, with no condominiums present, indicating a potential demand for rental properties. Additionally, 5.65% of residents are immigrants, contributing to the area's cultural diversity. Educational attainment is relatively moderate, with 32.26% holding a college or university degree. However, nearly half of the population, 49.46%, is not in the labor force, which could influence local economic dynamics and community engagement. Overall, this demographic snapshot highlights a community with diverse living arrangements and varying economic circumstances.