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Filipe & Isabel Ferreira

REALTOR® · RECO Reg. # 1616044

RE/MAX Ultimate Realty Inc., Brokerage · RECO Reg. # 4713274

Cell/Direct: (647) 298-9299

1192 St Clair Ave W

Toronto, ON M6E 1B4

Office: (416) 656-3500

License# 4713274

Each office independently owned and operated. For even more listings, visit remax.ca.

RE/MAX Ultimate Realty Inc., Brokerage is a member of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB). REALTOR®, REALTORS®, and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Used under license.

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Home/MLS® Search/Norfolk/285 Highway 3 N/A

285 Highway 3 N/A

Norfolk, ON N4G 4G7

NewActiveFor Sale
0 Beds
0 Baths
1 Sq Ft
1 Lot Sq Ft
Commercial
Ask Filipe about this propertyBook a Showing

About This Property

Beautifully maintained 7-unit multifamily property offering stable income with room to grow. The building features a desirable unit mix of 1 three-bedroom, 1 two-bedroom, 2 one-bedroom, and 3 bachelor apartments, with several units updated between tenancies. Two units are currently vacant, providing immediate opportunity for new leasing or flexible use.Ample on-site parking and a 2,400 sq.ft. insulated and heated detached garage/shop with plumbing add to the versatility of the property. The shop is currently owner-occupied but may be leaseable for hobby, storage, or small business purposes.Situated on a 1.09-acre CH-zoned corner lot with dual road access, the property offers future-use versatility and long-term potential. Conveniently located along Highway 3 between Tillsonburg and Delhi, this is a well-managed asset with solid existing tenants and clear upside available through lease-up of the vacant units and optional shop use.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size1 sq ft
Lot Size1 sq ft
Bedrooms0
Bathrooms0
ListedMarch 6, 2026
Postal CodeN4G 4G7

Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® X12449811

Listed by Century 21 Heritage House Ltd Brokerage

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$1,685,000

asking price

MLS®X12449811
TypeCommercial
CityNorfolk
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$8,228

/month · $1,348,000 mortgage

Down Payment20% — $337,000
Interest Rate5.5%

Amortization

Total Interest

$1,120,423

Total Cost

$2,468,423

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

Full Mortgage Calculator →

Listed By

Century 21 Heritage House Ltd Brokerage