$1,850,000
11.38 BTC
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52 Queen Street, Norfolk
$1,850,000
PRICE
21
BEDROOMS
14
BATHROOMS
X12317287
MLSID

52 Queen Street, Norfolk

ATTENTION INVESTORS: Fourteen (14) plex income property, intelligently designed for quality tenants; retirees, families & seniors. This building consists of Seven (7) 2 bdrm., 1 bath units & Seven (7) 1bdrm, 1 bath units. Prime location & modern construction will enhance tenant retention and your ability to maximize rents. Turn-key operation with the unique benefits of getting top dollar market rents, with quality tenants paying separate utilities. Many long term tenants. Low maintenance concerns for years to come. Desirable Hamlet has Grocery/Convenience stores, restaurant & LCBO within a few blocks. Ample parking for at least 20 cars and property fronts on three streets. Easily Rented Building has maintained good reputation with tenants and landlord. Fire Inspections completed yearly & water inspection is up to date. Security entrances. Upgrades Include - New Membrane Roof 2015. Fire Extinguishers in excess of minimum standard. Smoke Detectors replaced - 14 Heat Sensors added (1 per unit) so that each unit now has a smoke detector and a heat sensor - Water Maintained by landlord, regularly treated and inspected. Tenants pay Hydro & Heat. Landlord supplies hot water. Coin Laundry each level. See how this turn-key multi unit apartment building can anchor your portfolio with quality tenants & good cash flow.
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Summary

Address
52 Queen Street
Community
MLSID
X12317287
Property Type
Multiplex
Property Category
Bedrooms
21
Bathrooms
14
Kitchens
14
Zoning
RH
Taxes (Annual)
$17,994.72
Tax Year
2024
Published
July 31, 2025
Days on Market
16 Days
Possession Type
Immediate
Possession Details
To Be Arranged.
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Inclusions

Approximately Twelve (12) Stove's and Twelve Refrigerator's (12) are owned by the landlord., Smoke Detector, Hot Water Tank Owned

Exclusions

Approximately Two (2) Stove's and Two Refrigerator's (2) are owned by the tenants.

Details

Parking Spaces
15
Parking Total
15
Parking Features
Unreserved, Private
Architectural Style
2-Storey
Roof
Membrane
Construction Materials
Brick, Aluminum Siding
Lot Size
1 Acres
Lot Width
64 Feet
Lot Depth
333 Feet
Water
Well
Heat Source
Electric
Heat Type
Baseboard
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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