1-5 PRIDDLE DRIVE, Norfolk (Langton)
$579,000
For sale: Multiplex
- Property type
- Investment
- Bedrooms / bathrooms
- 6 bedrooms
- MLS®
- MLS® X13743634
- Neighbourhood
- Langton
Excellent multi-family property in the farming community of Langton. A huge opportunity for any investors or to keep your family nearby. Multiple of uses. You can rent out the duplex and the home, or live in one and rent out the others. Currently the duplex is partially rented leaving the upper apartment available for you to use for yourself, a family member or to rent out at the rental amount that you want to receive. The duplex's lower unit has a 1 bedroom and 1 bath, and is rented on a month to month basis for $900. per month. Rent includes heat and hydro. Appliances in lower unit belong to the tenant. The upper unit has 2 bedrooms and 1 bath plus a workshop/garage below and is currently vacant. The single family home is vacant and has 3 bedrooms and 1 1/2 baths. All appliances and any chattels included with the property are being sold "as is, where is. The duplex and the home have separate septic systems and one sandpoint (well) services both buildings. Langton is central to Tillsonburg, Simcoe and Delhi, and of course Lake Erie. Think about what you could do with this property. The opportunities are endless!
Sold data
Homes in Norfolk (Langton) — recent sold market
Homes in Norfolk (Langton) took a median of 45 days to sell over the last 90 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 79, across 138 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 65 days.
The median sale price was $612,500.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 9% of sales closed above the list price.
Around 33% of sellers reduced their price before finding a buyer.
- Median days to sell
- 45
- Median sale price
- $612,500
- Sale-to-list ratio
- 96.7%
- Sold above asking
- 9%
Based on 138 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Currently for sale
Homes for sale near 1-5 PRIDDLE DRIVE
$619,900
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Detached421,500–2,000 sqft22 FRONT ROAD, Port Rowan, Norfolk
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