498 Norfolk Street S

Introducing a remarkable opportunity to acquire a house for sale in Norfolk , located at 498 Norfolk Street S, Norfolk. This detached house, boasting a charming 2 1/2 storey design, presents an ideal development prospect for those looking to invest in the vibrant community of Simcoe. With approximately 3 acres of land situated within the Urban Development boundary, this property offers significant potential for future development.

The exterior of the house is constructed from durable brick, which not only adds to its aesthetic appeal but also ensures longevity. This property features a total of 12 rooms, including four spacious bedrooms and two bathrooms, making it suitable for families or investors seeking rental opportunities. The house for sale in Norfolk currently operates as two separate units, with one unit tenanted, providing immediate income potential for the discerning buyer.

At 498 Norfolk Street S, Norfolk, you will find two kitchens, allowing for flexibility in cooking and dining arrangements. While there is no additional kitchen, the existing facilities are more than adequate for daily living. The family room is a welcoming space for gatherings and relaxation, although it is worth noting that the house does not come with a den, fireplace, or central vacuum system.

The property is heated by a forced air system, ensuring warmth during the colder months, while the municipal water and sewer services provide essential utilities. Although there is no air conditioning, the layout of the house allows for natural ventilation, making it a comfortable living space. The partially finished basement offers additional potential for expansion or storage, catering to a variety of needs.

One of the standout features of this house for sale in Norfolk is the generous lot size of 81 x 767 feet, providing ample outdoor space for activities or future development. The property also includes 2 to 4.99 acres of additional land, further enhancing its appeal for those looking to build townhouses, apartments, or other residential units. The zoning can be upgraded to R4 or R5, which opens up numerous possibilities for the new owner.

Parking is convenient with a detached garage that accommodates two vehicles, along with a private driveway offering space for one additional car. This feature is particularly advantageous in a community where parking can often be at a premium.

Located at 498 Norfolk Street S, Norfolk, this house for sale in Norfolk is not just a home; it is a canvas for your vision. The surrounding area is rich with amenities and services, making it an attractive location for families and individuals alike. The presence of municipal utility services at the road ensures that all necessary infrastructure is readily available for any future developments.

In summary, this house for sale in Norfolk represents a unique opportunity for investors or families seeking a spacious home with significant potential for development. With its prime location in the community of Simcoe, the property offers both immediate residential benefits and long-term investment possibilities. The combination of a well-constructed brick house, ample land, and the potential for zoning upgrades makes this an enticing prospect for anyone looking to make their mark in Norfolk.

Don't miss out on this exceptional opportunity. Whether you are looking to invest or to create your dream home, 498 Norfolk Street S, Norfolk, is the perfect place to start. This house for sale in Norfolk is waiting for you to explore its possibilities and make it your own.

Simcoe, nestled in the heart of Norfolk County, is a charming town that offers a delightful blend of rural tranquility and vibrant local culture. Surrounded by picturesque landscapes and fertile farmland, it serves as a hub for both agriculture and small-town living. The town boasts a rich history, reflected in its well-preserved architecture and community events, such as the lively farmers' market and seasonal festivals. Residents enjoy easy access to beautiful parks, recreational facilities, and a close-knit atmosphere, making Simcoe an inviting place to call home for those seeking a peaceful yet engaging lifestyle. With its friendly community spirit and convenient amenities, Simcoe is an ideal choice for anyone looking to embrace the beauty of Ontario's countryside.

Schools in the Neighbourhood

This 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 is situated just 0.9 km away, offering a Catholic education in English for grades JK to 8. Additionally, Saint Joseph's School is located a mere 1.0 km from the property, providing a Catholic education in French, also for grades JK to 8. Both schools emphasize a strong foundational education within a faith-based environment, making them suitable options for families seeking a nurturing academic setting for their children. While both schools currently have a school rating of 0, they are well-regarded within the community. The close proximity of these schools adds significant value to the property, ensuring that educational opportunities are easily accessible. This makes it an ideal location for families prioritizing education and community involvement. Overall, the availability of these two schools enhances the appeal of the property for potential buyers with children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 621 residents, with an average household size of 2.1 individuals. The demographic profile reveals an average age of 45.8 years and an average household income of $68,500. Notably, 18.8% of the population is classified as low-income, and the average home price in the area is $470,000. The community is characterized by a significant proportion of single individuals, making up 56.07% of the population, while 34.48% of households include children. Renters comprise 52% of the housing market, with no condominiums present in the area. The educational attainment is relatively high, with 40.7% of residents holding a college or university degree. However, a substantial portion of the population, 48.84%, is not in the labor force, and immigrants represent 5.1% of the community. This demographic snapshot indicates a mature, diverse community with a mix of families and single residents, alongside a significant rental market and a strong emphasis on higher education.