3446 Highway 3, Norfolk

3446 Highway 3, Simcoe, Norfolk N3Y4J9

2-Storey, Multiplex Property
24 Rooms Total, 4 Kitchens
8 Parking Spaces

148.00 x 142.00

Golf, Hospital, Library, School
Sep Entrance, Unfinished Basement
Vinyl Siding Exterior

Uncover A Unique Investment Opportunity With This Property, Featuring A Single-Family Home & A Triplex. This Rare Find Offers A Cap Rate Of Over 6%, Presenting A Myriad Of Possibilities. Consider Moving Into The Spacious Main House & Let The Income From The Triplex Cover Your Mortgage. The Main House Offers Over 2000 Square Feet Of Living Space, Including 4 Beds And 2 Full Baths. It Also Features An Unfinished Basement With A Separate Entrance, Providing The Potential To Create An Additional Unit For Increased Property Value & Cash Flow. The Triplex Comprises Three Units: One 2-Bed Unit And Two 1-Bed Units, Each With A Full Bathroom. The Main Level 1-Bedroom Unit Has Been Fully Renovated. The Property, Sitting On Over Half An Acre Of Land, Offers Room For Expansion & Potential For Future Developments. The Property Also Includes An Attached Garage That Could Potentially Be Rented Out, Three Sheds Currently Used By The Tenants, & A Fire Pit., Sandpoint Well. Located In Simcoe, Known For Its Safety & Lower Cost Of Living, This Property Is Just 15 Minutes From Lake Erie & Its Beaches, Offering A Serene Environment & Recreational Opportunities. Enjoy Local Events & Festivals, Craft Breweries, & The Norfolk Golf And Country Club For Socializing And Leisure. With Direct Access To Highway 3, Major Cities Are Within Easy Reach. 15 Minutes To Port Dover. 60 Minutes To Hamilton. Toronto & Niagara Falls Are Within 1.5 Hour Drive Away, Perfect For Weekend Getaways. This Is An Investment Opportunity You Wouldn't Want To Miss!

3 Septic Systems On The Property (Cleaned Yearly)- 1 For The Main House & 2 For The Rear Triplex. 2 Hot Water Tanks & 2 Furnaces Owned. Separate Heating Control And Meters.

Pt Lt 23 Con 10 Charlotteville As In Nr547105;Norfolk County

3-piece on main level
4-piece on main level
3-piece on 2nd level
4-piece on 2nd level
2-piece on bsmt level

Main Level, 4.01m x 6.17m

Main Level, 2.36m x 1.65m

Main Level, 2.36m x 2.59m
3 Pc Bath

Main Level, 4.09m x 4.52m
Combined W/Dining

Main Level, 4.27m x 3.66m

2nd Level, 3.45m x 3.51m

2nd Level, 3.00m x 3.51m

2nd Level, 4.75m x 2.97m

2nd Level, 2.46m x 2.31m
4 Pc Bath

Bsmt Level, 0.91m x 1.52m
2 Pc Bath