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203 Grove Street

Norfolk, N3Y 1K5
3 Beds
2 Bath
1100-1500 sqft

$399,000

Est. Payment
$1,524/mo*
*Based on 20% down, 4% interest, 30-year term
Listed by EXP REALTY
DuplexMLS #X12241155New

Price comparison with similar homes in Norfolk

Compared to 1 similar home
-33.5% Lower
Market Avg. of (1 similar homes)
$599,900

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison

Room Details

RoomFeaturesLevel
Kitchen
3.35 × 3.35 m
Main
Bedroom
2.44 × 3.35 m
Main
Kitchen
7.01 × 3.35 m
Open ConceptCombined w/Living
Second
Bedroom 2
3.05 × 2.74 m
Second
Bedroom 3
3.05 × 2.74 m
Second

Client Remarks

***DUPLEX*** PRICED TO SELL - This two-story duplex is a turn-key investment opportunity, featuring a cash-flow-positive setup. Fully tenanted with fantastic tenants offering 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. Tenants are currently on month-month basis and would require 2 months notice if the buyer wanted the property as their residence. Laundry is located in the lower level walk down with separate side door to basement. Metal Roof offers longevity. 200 amp panel. This Duplex offers separate hydro, separate gas and separate water meters, no A/C, Forced Air Gas Heat, 6 car parking lot, close to all amenities. Water heater 8-10 yrs old. Added photos to show empty prior to tenants. 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. Invest in your future. Schedule a viewing today! Please allow 24hr notice for showings

About This Property

203 Grove Street, Norfolk, N3Y 1K5

Property Type
Duplex
Lot Size
N/A
Style
2-Storey
Living Area
N/A

Home Overview

Basic Information

Last Updated
Virtual Tour
N/A
Basement
Unfinished
Building Size
N/A
Status
In-Active
Property Type
Duplex
Maintenance Fee
N/A
Year Built
2024
satellite view
Walk around the neighborhood
203 Grove Street, Norfolk, N3Y 1K5
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

walking  Walk Score for 203 Grove Street

Default Agent

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