A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 203 Grove St, Norfolk Ontario N3Y 1K5
13 days on Market

203 Grove St, Norfolk, Ontario N3Y 1K5

Townhouse
3
2
~1100-1500 sqft
$•••,•••
$449,000
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Townhouse
3
2
~1100-1500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$354/sqft

Est. Mortgage$1,928/mo

Tax Amount (2024)$2,158/yr

Days On Market13 days


Description

Positive ROI Investment Opportunity - Instant INCOME ***Duplex*** This stunning two-story duplex is a turn-key investment opportunity, featuring a cash-flow-positive setup. Fully tenanted with fantastic tenants who are eager to stay long-term, this property offers 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. This Duplex offers separate hydro, gas and water meters, no A/C, forced air heat, 6 car parking lot, close to all amenities. 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, tenants are on a month to month plan currently. Invest in your future. Schedule a viewing today!


Property Details

Style2-Storey
View-
Age of property-
SqFt~1100-1500 SqFt
Lot Size3,606 SqFt(49.77 x 72.47)
Parking Spaces6
MLS ®NumberX12186332
Community NameNorfolk County
Data SourceTRREB
Listing byEXP REALTY

Features

Heating: Forced Air
Basement: Unfinished

2nd Floor

Kitchen

7.01 x 3.35

Open Concept / Combined W/Living

Bathroom

2.13 x 1.83

Br

3.05 x 2.74

2nd Br

3.05 x 2.74


Features

Lot size: 3,606 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 6


Property History

May 31, 2025
ListedActive
$449,000
13 days on market
history photo preview24
Listing by trreb®
Property listed by EXP REALTY, Brokerage
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Market Data - Norfolk County

Geo Zone Map ThumbnailNorfolk County

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

63 days

Compared to

2024

49 days

2023

21 days

2022

14 days

New Listings

Past 30 days

20 listings

Compared to

2024

24 listings

2023

14 listings

2022

15 listings

Units sold

Past 30 days

3 units

Compared to

2024

8 units

2023

6 units

2022

10 units

Median Sold Price

Past 30 days

$550,000

Compared to

2024

$697,000

2023

$536,500

2022

$688,250


What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget