30 days on Market

498 Norfolk St, Simcoe, Ontario N3Y 2X5

Detached
4
3 + 1
~2184 sqft
$999,000
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Detached
4
3 + 1
~2184 sqft

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Highlights

Property Estimate

Days on market30 days

Estimated valueNot available

Price/Sqft$457/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 homeowners, 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 accommodate townhomes, apartments, or other residential uses. The owner has completed a preliminary servicing memo in consultation 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're 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

StyleResidential
View-
Age of property1916
SqFt~2184 SqFt
Lot Size62,146 SqFt(767.24 x 81)
Parking Spaces4
MLS ®Number40851424
Community NameNorfolk County
Data SourceITSO
Listing byRE/MAX Erie Shores Realty Inc. Brokerage

Features

Heating: Forced Air, Natural Gas
Basement: Full, Partially Finished

Main Floor

Living Room

4.27 x 3.96

Bathroom

2-piece / ensuite

Bedroom

3.23 x 2.82

Bedroom Primary

5.00 x 3.45


Features

Lot size: 62,146 SqFt
Sewer (Municipal)

Parking

Garage spaces 2

Garage type -

Other parking spaces 2

Total parking spaces 4


Property History

Jul 27, 2026
ListedActive
$999,000
30 days on market
history photo preview4
Listing by itso®
Property listed by RE/MAX Erie Shores Realty Inc. Brokerage, Brokerage
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Market Data - Norfolk County

Geo Zone Map ThumbnailNorfolk County

Strong 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

47 days

Compared to

2025

51 days

2024

47 days

2023

44 days

New Listings

Past 30 days

280 listings

Compared to

2025

263 listings

2024

194 listings

2023

199 listings

Units sold

Past 30 days

115 units

Compared to

2025

112 units

2024

105 units

2023

116 units

Median Sold Price

Past 30 days

$585,000

Compared to

2025

$625,000

2024

$620,000

2023

$632,500


What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget