498 Norfolk Street S

Simcoe, Norfolk, N3Y 2X5

$999,000

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  • 4 bedrooms
  • 2 bathrooms
  • 3 parking
  • 2000-2500 sq ft

Listed 85 days ago · MLS® X13610216

About this home

At nearly 3 acres and located within Simcoe's Urban Development Boundary, 498 Norfolk Street South presents a rare opportunity for home owners, investors, and developers alike. With an existing duplex already in place, the property offers immediate rental income while supporting exceptional long-term upside. Potential to rezoning to R4 or R5 to accomodate townhomes, apartments, or other residential uses. The owner has completed a preliminary servicing memo in consulation with Vallee Consulting and Norfolk County Municipal services are available at the road, making the property well positioned for future infill development. Whether you are seeking a sizeable in-town estate property, an investment opportunity to land bank while generating income, or a redevelopment project with significant future potential, 498 Norfolk Street South is a property that warrants serious consideration.

Details

Type
Detached
Style
2 1/2 Storey
Age
100+ years
Size
2000-2500 sq ft
Lot
81 × 767.24 ft
Basement
Partially Finished
Garage
Detached
Kitchens
2
Property tax
$4,391 (2025)
Neighbourhood
Simcoe
Municipality
Norfolk
Price per sq ft
$444 (17% above detached houses in Simcoe, $381)

Interior

Bedrooms
4 above ground
Bathrooms
1 × 4-piece (main), 1 × 4-piece (second)
Rooms
10 above ground
Family room or den
Yes
Fireplace
No

Heating, cooling and services

Heating
Forced Air, Gas
Water and sewer
Sewer

Building and exterior

Style
2 1/2 Storey
Exterior
Brick
Roof
Asphalt Shingle
Foundation
Concrete
Age
100+
Faces
West

Parking

Garage spaces
2
Total parking
3
Driveway and parking
Private

Lot

Size
81 × 767.24 ft
Acreage
2-4.99

More

Possession
Flexible
Nearby
Golf, Hospital, Library, Place Of Worship, School
Cross street
Norfolk St & Parker Dr

Rooms

RoomLevelSizeFeatures
Living RoomMain4.27 × 3.96 m (14' × 13')
Dining RoomMain4.27 × 3.96 m (14' × 13')
KitchenMain4.17 × 3.35 m (13'8" × 11')
Primary BedroomMain5.02 × 3.47 m (16'6" × 11'5")
Bedroom 2Main3.23 × 2.82 m (10'7" × 9'3")
Bedroom 3Main3.1 × 2.82 m (10'2" × 9'3")
Living RoomSecond3.66 × 3.79 m (12' × 12'5")
KitchenSecond3.53 × 2.62 m (11'7" × 8'7")
BedroomSecond3.53 × 2.9 m (11'7" × 9'6")
DenSecond3.35 × 2.03 m (11' × 6'8")

History of this address

4 earlier listings at this address, with sold and leased prices. Create a free account or sign in to see them.

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Car-dependent

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: 1 grocery store, 1 cafés and restaurants, 1 park. Nearest grocery: Sobeys (350 m). Nearest park: Simson Park (500 m).

Schools nearby

Elementary

  • West Lynn Public School
    EQAO: Gr 6 reading 53%, math 10%
    3 min walk
  • St. Joseph's School Catholic
    EQAO: Gr 6 reading 68%, math 44%
    1.3 km
  • Lynndale Heights Public School
    EQAO: Gr 6 reading 72%, math 39%
    2.3 km
  • Elgin Avenue Public School2.3 km

Secondary

  • Holy Trinity Catholic High School Catholic
    EQAO: Gr 9 math 43%, literacy test 83%
    18 min walk
  • Sprucedale Secondary School1.8 km
  • Simcoe Composite School
    EQAO: Gr 9 math 62%, literacy test 85%
    2.3 km

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area N3Y

Owners / renters
75% / 25%
Median household income
$77,500
Average age
46
Children under 15
15%
Homes
73% detached, 4% high-rise
Commute by transit
0%
Population
23,402

Languages spoken most at home besides English: Portuguese 0.8%, German 0.3%, Tagalog (Pilipino, Filipino) 0.2%, Plautdietsch 0.2%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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