$399,900
27 Colborne Street S, Norfolk, ON N3Y 4H2
Simcoe
Listing courtesy of PEAK REALTY LTD.
Simcoe · N3Y 1W3
$449,000
$234 / sq ft1 months on market
Well-Maintained Mixed-Use Building in Downtown SimcoeREMARKS FOR CLIENTSExcellent opportunity to own a fully leased mixed-use property in the heart of downtownSimcoe, featuring a turnkey restaurant with LLBO licence on the main floor and a beautifullyrenovated 2-bedroom apartment on the second floor. The property offers both commercial andresidential income in a prime, high-visibility location.The main floor restaurant is fully equipped and currently leased, featuring a commercialkitchen, exhaust hood, fire suppression system, dishwasher, and two accessible washrooms. Thespace is well suited for dine-in, takeout, and delivery operations.The second-floor 2-bedroom apartment has been beautifully renovated and is currently leased ona per-room basis, providing strong rental income potential. It features a modern kitchen,open-concept living area, updated 3-piece bathroom, and a bright enclosed 3-season sunroom.Additional features include a full basement for storage and rear parking.A rare opportunity to own a fully leased commercial and residential property in a centraldowntown location, offering multiple income streams and long-term investment potential.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced below most comparable listings — about 17% of comparable retail listings in Norfolk are asking less.
Based on 18 comparable active retail listings in Norfolk. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $449,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CENTURY 21 PROPERTY ZONE REALTY INC.. 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.
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$399,900
Simcoe
Listing courtesy of PEAK REALTY LTD.