2 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 market2 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 listed by RE/MAX Erie Shores Realty Inc. Brokerage, 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