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About the Listing 190200 -
WOW!!! $4,221/Month in Rental Income! Versatile Legal Duplex with 3 Self-Contained Units in Prime Simcoe Location!Welcome to this solid brick 1.5 storey home offering three self-contained units, perfectly suited for investors, multi-generational living, or those looking to offset their mortgage with rental income. Located in a highly walkable area of Simcoe, close to amenities, schools, and transit, this property offers both lifestyle and long-term value. Currently fully tenanted with excellent tenants who would love to stay, this home provides immediate, reliable income. At the same time, it is flexible layout offers the option for future owner-occupancy! Live in one unit while the others help pay your mortgage! The property features a spacious 2-bedroom main floor unit, a bright upper-level unit, and a lower-level studio apartment with walk-out! There is ample parking for four vehicles including convenient rear access from Hawthorne Ave. Utilities (heat, hydro, water & A/C) are currently included in rent, supporting strong tenant retention and ease of management. Solid construction and functional layouts make this a low-maintenance, turnkey opportunity! Generate $4,221/month in income today while securing a property with flexible living options and future upside.Whether you're looking to invest, live, or both, this is a rare opportunity to own a versatile, income-generating property in a desirable Simcoe neighbourhood.
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances:
- Air Cond: Central Air
- Heating: Gas
- Fireplaces: Electric
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Apartment,Finished with Walk-Out,Separate Entrance,Full,Partially Finished
- Other: In-Law Capability,In-Law Suite,3 Kitchens
- Water:
Exterior Details
- Garage Capacity: N/A
- Roof: Asphalt Shingle
- Others: Hospital,Library,Park,Public Transit,Rec./Commun.Centre,School
- Sewer: Sewer
- Parking Features: Front Yard Parking,Lane,Private,Tandem,No Garage
Financial Details
- Tax Amount: $2,738
- Taxes w/Assessments: N/A
- Tax/Property ID: 502280040
- Tax Year: 2025
Payment Calculator
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Questions About..
367 Norfolk St N Norfolk, ON N3Y 3P4
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