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For saleMLS® X13764854

27 Colborne Street S, Norfolk, ON N3Y 4H2

Simcoe · N3Y 4H2

$399,900

$133 / sq ft

1 months on market

Total area
3,000 sf
Lot
32 × 94.7 ft

What's special

  • Yes

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About this property

This beautifully updated mixed-use building offers a turnkey commercial space on the main level along with a bright and modern 2-bedroom apartment upstairs. Renovated throughout the last five years, the property shows exceptional care and quality, making it an excellent opportunity for investors seeking a well-maintained, income-generating asset. The main level features a professional and inviting layout, including four private offices, a welcoming reception area, a common workspace, and a convenient kitchenette with a 2-piece bath. Laminate flooring runs throughout the space, complemented by newer windows that enhance natural light. The front office also showcases an exposed brick wall, adding warmth, character, and a stylish focal point to the workspace. Upstairs, the large open-concept apartment offers abundant natural light and a modern, comfortable feel. It includes two generously sized bedrooms, a spacious 4-piece bathroom, and an open living, dining, and kitchen area with well-maintained finishes throughout. With strong curb appeal, thoughtful updates, and excellent overall condition, this property stands out as a prime investment opportunity.

Property details

Property

Property type
retail
Interior size
3,000 sq ft
Lot size
32 × 94.7 ft
Zoning
CG
Possession
Flexible

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Costs

List price
$399,900
Property taxes
$4,773 / year (2025)
Price per sq ft
$133

Listing

MLS® number
X13764854
Status
For sale
Listed
September 10, 2026
Days on market
56
Last updated
September 10, 2026
Listing brokerage
PEAK REALTY LTD.

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 below most comparable listings — about 6% of comparable retail listings in Norfolk are asking less.

$446KMedian $614K$2.38M
This home
$133 / sq ft
Comparable median
$220 / sq ft

Based on 18 comparable active retail listings in Norfolk. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $19,995
$19,995
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,100.56
Property tax (est.)
$397.75
Estimated monthly
$2,498

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
$4,474
Total due on closing
$4,474

An estimate on the asking price of $399,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of PEAK REALTY LTD.. 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.

$399,900

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