203 Grove Street, Norfolk (Simcoe), Ontario N3Y 1K5 (28395602)
203 Grove Street Norfolk, Ontario N3Y 1K5
$479,900
Positive ROI Investment Opportunity - Instant INCOME ***Duplex*** This stunning two-story duplex is a turn-key investment opportunity, featuring a cash-flow-positive setup. Fully tenanted with fantastic tenants who are eager to stay long-term, this property offers peace of mind and steady income. Situated on a large, mature corner lot in the heart of Simcoe, this versatile property offers the best of both worlds - whether you're looking for a prime investment or a place to call home. This Duplex offers separate hydro, gas and water meters, no A/C, forced air heat, 6 car parking lot, close to all amenities. Priced to sell, this is your chance to own a cash-flow-positive investment with incredible ROI potential. Do not miss out on this rare opportunity to add an already tenanted, income-generating property to your portfolio. Navigating todays market can be challenging, but this property makes it easier. Upper unit pays $1,300 + utilities, lower unit pays $1,200 + utilities, tenants are on a month to month plan currently. Invest in your future. Schedule a viewing today! (id:60297)
Property Details
| MLS® Number | X12186332 |
| Property Type | Multi-family |
| Community Name | Simcoe |
| Features | Carpet Free |
| ParkingSpaceTotal | 6 |
| Structure | Porch |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsTotal | 3 |
| Amenities | Separate Electricity Meters, Separate Heating Controls |
| Appliances | Water Heater, Dryer, Stove, Washer, Refrigerator |
| BasementDevelopment | Unfinished |
| BasementType | N/a (unfinished) |
| ExteriorFinish | Aluminum Siding |
| FoundationType | Concrete |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 2 |
| SizeInterior | 1100 - 1500 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 49 Ft ,9 In |
| SizeFrontage | 72 Ft ,6 In |
| SizeIrregular | 72.5 X 49.8 Ft |
| SizeTotalText | 72.5 X 49.8 Ft|under 1/2 Acre |
| ZoningDescription | R2 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 7.01 m | 3.35 m | 7.01 m x 3.35 m |
| Second Level | Bathroom | 2.13 m | 1.83 m | 2.13 m x 1.83 m |
| Second Level | Bedroom | 3.05 m | 2.74 m | 3.05 m x 2.74 m |
| Second Level | Bedroom 2 | 3.05 m | 2.74 m | 3.05 m x 2.74 m |
| Main Level | Kitchen | 3.35 m | 3.35 m | 3.35 m x 3.35 m |
| Main Level | Living Room | 3.66 m | 3.35 m | 3.66 m x 3.35 m |
| Main Level | Bedroom | 3.35 m | 2.44 m | 3.35 m x 2.44 m |
| Main Level | Bathroom | 2.44 m | 1.83 m | 2.44 m x 1.83 m |
Utilities
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28395602/203-grove-street-norfolk-simcoe-simcoe
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Stacey Crechiola
Salesperson
380 Wellington Street
London, Ontario N6A 5B5
Alan Elbardisy
Broker
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8
Richard Duggal
Salesperson
4711 Yonge St 10th Flr, 106430
Toronto, Ontario M2N 6K8
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June 02 2025 05:25:36
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