2421 Highway 24

Norfolk | Simcoe | N3R 0C1
  • 7
  • 4
  • 0

$875,000

Est. Mtg $2,966 /mo
  • Days on market

    122

  • Status

    New

Listing Broker Century 21 Heritage House Ltd.
Since listed: 2 views

Home details

MLS #:

X9247950

Property type:
Multiplex
Style:
Bungalow
Taxes:
$4,058
Possession:
Flexible
Lot Front:
97.18   Feet
Lot Depth:
518.6   Feet
Basement:
None |
Driveway Pkg:
8
Heat:
Gas | Forced Air

Description


2421 Highway 24, , Norfolk, Ontario is a Multiplex property in Norfolk and in the Simcoe community in the N3R 0C1 postal code


Investors. This turn-key, low maintenance, cash flowing Four-plex is located near the heart of Simcoe. Close to shopping, dining, and entertainment. Cap Rate of 7.09. Built in 1950, unit is situated on a 2.12 acre parcel backing onto scenic fields. Lots of parking in front. 4 spacious are fully rented to A+ tenants units and each unit pays it's own hydro and gas meter. This building has an extensive list of new updates and renovations throughout the interior and exterior. 1-3 Bedroom unit, 1-1 Bedroom unit, 1-1+Den unit, and 1-2 Bedroom unit..

Extras

**INTERBOARD LISTING: BRANTFORD REGIONAL REAL ESTATE BOARD**.


History

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List Date End Date List Price End Price Status MLS #
2024-06 2024-08 $875,000 $875,000 New X9247950

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Norfolk :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 2421 Highway 24

Based on available 3rd party data

$3440

Approximate costs per month

Mortgage
$2966 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$338 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker Century 21 Heritage House Ltd.
Data Source: TRREB

Payment calculator

$3305 monthly. In association with: TD Bank
%
  • Principal and Interest
    2966 /mo
  • Property Taxes
    $338 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Ali Norouzi, Realtor

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