32 Talbot St S

Norfolk | Simcoe | N3Y 2Z2
  • 6
  • 4
  • 0

Ask: $850,000 $800,000

Est. Mtg $2,712 /mo
  • Days on market

    34

  • Status

    Pc

Listing Broker BLUE FOREST REALTY INC.
Since listed: 0 views

Home details

MLS #:

X9283484

Property type:
Multiplex
Style:
2-Storey
Taxes:
$3,234
Possession:
FLEXIBLE
Lot Front:
65.05   Feet
Lot Depth:
153.0   Feet
Basement:
Unfinished |
Driveway Pkg:
5
Heat:
Gas | Forced Air

Description


32 Talbot St S, , Norfolk, Ontario is a Multiplex property in Norfolk and in the Simcoe community in the N3Y 2Z2 postal code


Impressive 8.19% Cap Rate, $73,200 in gross annual income! Don't miss this fantastic investment opportunity in Simcoe, ON, with close proximity to grocery stores and amenities. This 4plex includes one spacious 3-bedroom and three 1-bedroom units. With strong rental income and low expenses, this property is a lucrative investment. Each unit has been thoughtfully renovated over the last couple of years with updated electrical, plumbing, new appliances, and modern finishes. The property features separate gas, hydro, and water meters keeping expenses low for the new owner. Additional highlights include a durable metal roof and ample parking for five vehicles. With reliable tenants already in place, this is a hassle-free investment. Act now to secure this well-maintained, income-generating property in Simcoe!.

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-03 2024-05 $930,000 $875,000 Ter X8167888
2024-05 2024-08 $850,000 $850,000 Ter X8366678
2024-08 2024-09 $850,000 $800,000 Pc X9283484
2024-05 $930,000 $875,000 X8283086

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 32 Talbot St S

Based on available 3rd party data

$3117

Approximate costs per month

Mortgage
$2712 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$269 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker BLUE FOREST REALTY INC.
Data Source: TRREB

Payment calculator

$2982 monthly. In association with: TD Bank
%
  • Principal and Interest
    2712 /mo
  • Property Taxes
    $269 /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

Daniela LaFace, Realtor

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