498 Norfolk Street S

Introducing a remarkable opportunity to acquire a house for sale in Simcoe , located at 498 Norfolk Street S, Simcoe. This distinctive property, which dates back to 1916, presents an expansive site of approximately 3 acres, nestled within the Urban Development Boundary. The potential for this house is immense, making it an ideal investment for those looking to develop townhouses, apartments, or other residential options, with the possibility of upgrading the zoning to R4 or R5.

As you approach the house for sale in Simcoe, you will be greeted by a charming detached building that stands at an impressive 2.5 storeys. The property boasts a generous lot size of 81 x 767 square feet, offering ample space for various development opportunities. The house features a total of 13 rooms, including four well-appointed bedrooms and three bathrooms, making it suitable for families or as a multi-unit dwelling. The absence of a den may be seen as an opportunity to reconfigure the space to suit your specific needs.

The property is equipped with three kitchens, which is particularly advantageous for those looking to create separate living spaces or for use in a multi-family setting. While there is no family room, the layout of the house allows for creative utilisation of the existing rooms to establish comfortable communal areas. The absence of a central vacuum system and air conditioning may be seen as a blank canvas, allowing the new owner to personalise the home to their liking.

Another appealing aspect of this house for sale in Simcoe is the presence of a full, partially finished basement, which provides additional potential for development or storage. The property does not feature a pool, but the expansive outdoor space allows for the possibility of creating a private garden or outdoor entertainment area. The detached garage offers space for two vehicles, and the private drive provides convenient access.

The heating system is powered by forced air and natural gas, ensuring a warm and inviting atmosphere during the colder months. The property is also connected to municipal metered water, providing essential utility services. Although there is no sewer connection, the proximity to municipal services at the road presents an opportunity for future development.

Living in the Town of Simcoe offers a blend of community charm and urban convenience. This house for sale in Simcoe is situated in a desirable area, making it an attractive option for families and investors alike. The local amenities, schools, and parks are easily accessible, enhancing the appeal of this property.

In summary, 498 Norfolk Street S, Simcoe, is a house for sale in Simcoe that presents a unique development opportunity. With its substantial land size, multiple kitchens, and spacious bedrooms, this property is well-equipped for a variety of residential possibilities. The potential to upgrade zoning and develop the site further adds to its allure. Whether you are looking to create a multi-family dwelling or a series of townhouses, this house for sale in Simcoe is a rare find that should not be overlooked.

Take advantage of this chance to invest in a property that not only offers a home but also a promising future in the thriving community of Simcoe. With its historical charm and modern potential, 498 Norfolk Street S, Simcoe, is waiting for the right visionary to unlock its full potential. Don’t miss out on this exceptional opportunity to own a house for sale in Simcoe that could transform into a lucrative development project.

The Town of Simcoe, nestled within the city of Simcoe in Ontario, Canada, offers a charming blend of small-town warmth and accessibility to urban amenities. Surrounded by picturesque landscapes, this quaint town is characterised by its historic architecture, vibrant local shops, and friendly atmosphere. Residents enjoy a relaxed pace of life, with ample green spaces and recreational opportunities, including parks and nearby waterways. The community is well-connected, making it easy to explore the rich cultural heritage and natural beauty of the surrounding region. With a strong sense of belonging and a welcoming spirit, the Town of Simcoe is an ideal place for those seeking a peaceful yet engaging lifestyle.

Schools in the Neighbourhood

This property is conveniently located near two educational institutions that cater to families with young children. St. Joseph's School, situated just 1.6 km away, is part of the Brant Haldimand Norfolk Catholic District School Board and offers a Catholic education in English for students from Junior Kindergarten to Grade 8. Similarly, Saint Joseph's School, located slightly closer at 1.5 km, also provides a Catholic curriculum but focuses on French language instruction for the same grade levels. Both schools are well-positioned to serve the community, offering a nurturing environment for early education. While the school ratings are currently listed as 0, the proximity to these institutions may appeal to parents looking for educational options for their children. With both schools being easily accessible, families can enjoy the convenience of quality education within a short distance from home, making this property an attractive choice for those prioritizing educational opportunities for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,288 residents, with an average household size of 2.3 individuals. The demographic profile indicates a mature community, with an average age of 47 years. The average household income stands at $93,200, reflecting a relatively affluent population, with only 6.6% classified as low-income. The average home price in the area is approximately $542,000, suggesting a stable real estate market. The community is diverse, with 14.81% of residents being immigrants and 40.81% identifying as single. Families are present, with 30.77% of households having children. Renters make up 14.04% of the population, and 16.67% of the homes are condominiums. Education levels are high, with nearly 60% of residents holding a college or university degree. However, it is notable that 46.23% of the population is not in the labor force, which may indicate a mix of retirees and those pursuing education or other interests. Overall, this area presents a blend of stability, education, and diversity, making it an attractive location for potential homeowners and investors alike.