Re-listed 9 hours ago

498 Norfolk St, Norfolk, Ontario N3Y 2X5

Detached
4
2
~2000-2500 sqft
$•••,•••
$999,000
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Detached
4
2
~2000-2500 sqft

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Highlights

Property Estimate

Days on market9 hours

Total days on market
504 days

Estimated valueNot available

Price/Sqft$449/sqft

Monthly cost

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Description

At nearly 3 acres and located within Simcoe's Urban Development Boundary, 498 Norfolk Street South presents a rare opportunity for home owners, investors, and developers alike. With an existing duplex already in place, the property offers immediate rental income while supporting exceptional long-term upside. Potential to rezoning to R4 or R5 to accomodate townhomes, apartments, or other residential uses. The owner has completed a preliminary servicing memo in consulation with Vallee Consulting and Norfolk County Municipal services are available at the road, making the property well positioned for future infill development. Concept design available upon request. Whether you are seeking a sizeable in-town estate property, an investment opportunity to land bank while generating income, or a redevelopment project with significant future potential, 498 Norfolk Street South is a property that warrants serious consideration.


Property Details

Style2 1/2 Storey
View-
Age of property100+
SqFt~2000-2500 SqFt
Lot Size62,146 SqFt(767.24 x 81)
Parking Spaces3
MLS ®NumberX13610216
Community NameNorfolk County
Data SourceTRREB
Listing bySOTHEBY'S INTERNATIONAL REALTY CANADA

Features

Heating: Forced Air
Basement: Part Fin

Main Floor

Living

4.27 x 3.96

Dining

4.27 x 3.96

Kitchen

4.17 x 3.35

Primary

5.02 x 3.47


Features

Lot size: 62,146 SqFt

Parking

Garage spaces 2

Garage type Detached

Other parking spaces 1

Total parking spaces 3


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
9 hours on market
history photo preview6
Listing by trreb®
Property listed by SOTHEBY'S INTERNATIONAL REALTY CANADA, Brokerage
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Market Data - Norfolk County

Geo Zone Map ThumbnailNorfolk County

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

50 days

Compared to

2025

53 days

2024

47 days

2023

38 days

New Listings

Past 30 days

299 listings

Compared to

2025

270 listings

2024

245 listings

2023

243 listings

Units sold

Past 30 days

120 units

Compared to

2025

94 units

2024

82 units

2023

114 units

Median Sold Price

Past 30 days

$620,000

Compared to

2025

$620,000

2024

$613,000

2023

$649,950


What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget