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For saleMLS® X12449811

285 Highway 3, Norfolk, ON N4G 4G7

Rural Middleton · N4G 4G7

$1,685,000

$38 / sq ft

13 months on market

Total area
44,388 sf
Lot
324.35 × 206.06 ft
Age
51-99 years

What's special

  • Single detached garage

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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

Property

Property type
investment
Interior size
44,388 sq ft
Year built
51-99
Lot size
324.35 × 206.06 ft
Zoning
CH
Possession
Flexible

Interior

Heating
Other
Cooling
No

Exterior & services

Garage
Single Detached
Sewer
Septic

Costs

List price
$1,685,000
Property taxes
$10,772 / year (2024)
Price per sq ft
$38
Rental items
Hot water Tank

Listing

MLS® number
X12449811
Status
For sale
Listed
October 7, 2025
Days on market
394
Last updated
August 7, 2026
Listing brokerage
Century 21 Heritage House Ltd Brokerage

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

Mortgage estimate

Down payment20.0% · minimum $337,000
$337,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$7,453.32
Property tax (est.)
$897.70
Estimated monthly
$8,351

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$30,175
Total due on closing
$30,175

An estimate on the asking price of $1,685,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of Century 21 Heritage House Ltd Brokerage. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$1,685,000

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