39 NORFOLK STREET N, Norfolk (Simcoe)

$549,900

For sale: Other

Other at 39 NORFOLK STREET N, Norfolk (Simcoe)
Property type
Store W Apt/Office
MLS®
MLS® X14088550
Neighbourhood
Simcoe

Attention Investors! Introducing a prime addition to your real estate portfolio with this fully occupied, high-yield four-plex featuring a profitable rent roll. Notably, this property is home to the city's favorite vibrant new bakery, ensuring excellent visibility and steady foot traffic. This versatile multi-unit property consists of a main building with one commercial storefront unit and two residential apartments, complemented by a separate, detached second commercial building-offering a total of four turnkey revenue streams.

Sold data

Homes in Simcoe — recent sold market

Homes in Simcoe took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 76, across 104 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 64 days.

The median sale price was $549,900.

Homes sold for about 2.5% below asking on average, so there was room to negotiate.

About 12% of sales closed above the list price.

Around 32% of sellers reduced their price before finding a buyer.

Median days to sell
41
Median sale price
$549,900
Sale-to-list ratio
97.5%
Sold above asking
13%

Based on 104 recorded sales in the last 1 year. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 39 NORFOLK STREET N