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For saleMLS® X13610216

498 Norfolk Street S, Norfolk, ON N3Y 2X5

Simcoe · N3Y 2X5

$999,000

$500 / sq ft

3 months on market

Bedrooms
4
Bathrooms
2
Interior
2,000 sf
Parking
3
Lot
81 × 767.24 ft
Age
100+ years

What's special

  • Detached garage
  • Finished basement

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About this property

At nearly 3 acres and located within Simcoe's Urban Development Boundary, 498 Norfolk Street South presents a rare opportunity for home owners, 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 accomodate townhomes, apartments, or other residential uses. The owner has completed a preliminary servicing memo in consulation with Vallee Consulting and Norfolk County Municipal services are available at the road, making the property well positioned for future infill development. Whether you are 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.

Rooms

10 rooms. Dimensions as published by the listing brokerage.

Room dimensions and features
RoomLevelDimensionsFeatures
Living RoomMain4.27 × 3.96 m14.0 × 13.0 ft—
Dining RoomMain4.27 × 3.96 m14.0 × 13.0 ft—
KitchenMain4.17 × 3.35 m13.7 × 11.0 ft—
Primary BedroomMain5.02 × 3.47 m16.5 × 11.4 ft—
Bedroom 2Main3.23 × 2.82 m10.6 × 9.3 ft—
Bedroom 3Main3.10 × 2.82 m10.2 × 9.3 ft—
Living RoomSecond3.66 × 3.79 m12.0 × 12.4 ft—
KitchenSecond3.53 × 2.62 m11.6 × 8.6 ft—
BedroomSecond3.53 × 2.90 m11.6 × 9.5 ft—
DenSecond3.35 × 2.03 m11.0 × 6.7 ft—

Features

  • None

Property details

Property

Property type
detached
Bedrooms
4
Bathrooms
2
Interior size
2,000 sq ft
Year built
100+
Lot size
81 × 767.24 ft
Zoning
R2
Possession
Flexible

Interior

Basement
Partially Finished
Heating
Forced Air · Gas
Exposure
West

Exterior & services

Construction
Brick
Garage
Detached
Parking spaces
3
Sewer
Sewer

Costs

List price
$999,000
Property taxes
$4,391 / year (2025)
Price per sq ft
$500
Rental items
hot water tank (gas) $21.30 monthly

Listing

MLS® number
X13610216
Status
For sale
Listed
July 27, 2026
Days on market
100
Last updated
July 30, 2026
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

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.

How this price compares

This home is priced above most comparable listings — about 100% of comparable detached listings in Simcoe are asking less.

$457KMedian $663K$924K
This home
$500 / sq ft
Comparable median
$509 / sq ft

Based on 46 comparable active detached listings in Simcoe. These are asking prices, not sale prices.

Mortgage estimate

Down payment7.5% · minimum $74,900
$74,900
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$5,109.51
Property tax (est.)
$365.90
Estimated monthly
$5,475

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
$16,455
Total due on closing
$16,455

An estimate on the asking price of $999,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. 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.

$999,000

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