Norfolk, ON N3Y 2Z2,32 Talbot ST S
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Norfolk, ON N3Y 2Z2,32 Talbot ST S
Norfolk, ON N3Y 2Z2,32 Talbot ST S
Norfolk, ON N3Y 2Z2,32 Talbot ST S
Norfolk, ON N3Y 2Z2,32 Talbot ST S

$750,000

Est. payment /mo

$799,900

6.2%
Est.Price: ?

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32 Talbot ST S Norfolk, ON N3Y 2Z2

6 Beds

4 Baths

SOLD DATE : 03/31/2025

Key Details

Sold Price $750,000

Property Type Multi-Family

Sub Type Multiplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 3500-5000

Subdivision Simcoe

MLS Listing ID X11903982

Sold Date 03/31/25

Style 2-Storey

Bedrooms 6

Building Age 100+

Annual Tax Amount $3,234

Tax Year 2024

Property Sub-Type Multiplex

Property Description

Impressive 8.19% Cap Rate, $73,200 in gross annual income! Don't miss this fantastic investment opportunity in Simcoe, ON, with close proximity to grocery stores and amenities. This 4plex includes one spacious 3-bedroom and three 1-bedroom units. With strong rental income and low expenses, this property is a lucrative investment. Each unit has been thoughtfully renovated over the last couple of years with updated electrical, plumbing, new appliances, and modern finishes. The property features separate gas, hydro, and water meters keeping expenses low for the new owner. Additional highlights include a durable metal roof and ample parking for five vehicles. With reliable tenants already in place, this is a hassle-free investment. Act now to secure this well-maintained, income-generating property in Simcoe!

Location

State ON

County Norfolk

Community Simcoe

Area Norfolk

Rooms

Family Room No

Basement Unfinished

Kitchen 4

Interior

Interior Features Water Heater Owned

Cooling Central Air

Exterior

Parking Features Available

Pool None

Roof Type Metal

Lot Frontage 65.05

Lot Depth 153.0

Total Parking Spaces 5

Building

Foundation Block, Brick, Poured Concrete

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Listed by BLUE FOREST REALTY INC.
Max Ortoli

Max Ortoli

+1(416) 398-1111

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