$389,900
For sale: Multiplex

Welcome to this versatile property, currently used as a duplex, located in the heart of St. Williams, offering excellent potential for investors, multi-generational families, or those seeking supplemental rental income. Conveniently situated close to local amenities, this property combines small-town charm with practical living. This property offers a blend of functionality, accessibility, and potential for a variety of uses under Norfolk County's zoning bylaws, with opportunities including automobile services, doctor's office, convenience store, daycare, police station, laundromat, custom workshop, bed & breakfast, bake shop, and so much more (see attached supplements for full listing of zoning opportunities).The main-level unit features a spacious one-bedroom layout complete with a walk-in closet, a bright kitchen equipped with a fridge, stove, dishwasher, and microwave, and a full 4-piece bathroom. With four separate entrances/exits, this unit offers exceptional accessibility and convenience.The upper-level apartment enjoys its own private entrance and offers three bedrooms, a functional kitchen with fridge and stove, and a 4-piece bathroom, creating a comfortable and independent living space.The home is serviced by a breaker panel, forced-air natural gas heating. Exterior features include vinyl siding, metal roof, single-car attached garage, and a fenced backyard that's perfect for children, pets, or outdoor entertaining.Located just a short drive from the area's beautiful beaches and the shopping, dining, and amenities of Simcoe, this property presents a fantastic opportunity to own an income-generating property in a desirable community. Whether you're looking to invest or occupy one unit while renting the other, this St. Williams property offers flexibility, convenience, and long-term value.
Sold data
Homes in Norfolk (St. Williams) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 65 days.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.
Based on 138 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
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