$499,000
For sale: Other

Well-maintained mixed-use building in the heart of downtown Simcoe. Own a 2-bedroom apartmen+ income-generating pizza restaurant with LLBO license and property in this prime location,offering an excellent live/work or investment opportunity. The main floor features a fully equipped, turnkey restaurant with commercial kitchen, exhaust hood, fire suppression system,dishwasher, and two accessible washrooms-ideal for dine-in, takeout, or delivery operations.The second floor offers a beautifully renovated 2-bedroom apartment with a modern kitchen, open-concept living area, updated 4-piece bathroom, and a bright enclosed 3-season sunroom perfect for owner occupancy or rental income. Additional highlights include a full basement for storage, separate utilities, and rear parking. Major upgrades include roof,furnaces, windows, and extensive interior renovations.A rare opportunity to own a business and property together in a high-visibility downtown location with strong growth potential. Note : The restaurant is temporarily closed.
Sold data
Homes in Norfolk (Simcoe) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 65 days.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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