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  • Fax: 1 866 229 3159

$449,000
Available - For Sale
Listing ID: X12186332
203 Grove Stre , Norfolk, N3Y 1K5, Norfolk


Positive ROI Investment Opportunity - Instant INCOME ***Duplex*** PRICED TO SELL - This stunning two-story duplex is a turn-key investment opportunity, featuring a cash-flow-positive setup. Fully tenanted with fantastic tenants who are eager to stay long-term, this property offers peace of mind and steady income. Situated on a large, mature corner lot in the heart of Simcoe, this versatile property offers the best of both worlds - whether you're looking for a prime investment or a place to call home. This Duplex offers separate hydro, gas and water meters, no A/C, forced air heat, 6 car parking lot, close to all amenities. Priced to sell, this is your chance to own a cash-flow-positive investment with incredible ROI potential. Do not miss out on this rare opportunity to add an already tenanted, income-generating property to your portfolio. Navigating todays market can be challenging, but this property makes it easier. Upper unit pays $1,300 + utilities, lower unit pays $1,200 + utilities, tenants are on a month to month plan currently. Invest in your future. Schedule a viewing today! Please allow 24hr notice for showings - tenanted
Price $449,000
Taxes: $2158.00
Occupancy: Tenant
Address: 203 Grove Stre , Norfolk, N3Y 1K5, Norfolk
Acreage: < .50
Directions/Cross Streets: Corner Lot / Metcalfe St S & Grove St
Rooms: 7
Bedrooms: 3
Bedrooms +: 0
Family Room: T
Basement: Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Second Kitchen 22.99 10.99 Open Concept, Combined w/Living
Room 2 Second Bathroom 6.99 6
Room 3 Second Bedroom 10 8.99
Room 4 Second Bedroom 2 10 8.99
Room 5 Main Kitchen 10.99 10.99 Open Concept, Combined w/Living
Room 6 Main Living Ro 12 10.99 Open Concept, Combined w/Kitchen
Room 7 Main Bedroom 10.99 8
Room 8 Main Bathroom 8 6
Washroom Type No. of Pieces Level
Washroom Type 1 4 Ground
Washroom Type 2 4 Second
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 4 Ground
Washroom Type 7 4 Second
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Total Area: 0.00
Property Type: Duplex
Style: 2-Storey
Exterior: Aluminum Siding
Garage Type: None
(Parking/)Drive: Private Tr
Drive Parking Spaces: 6
Park #1
Parking Type: Private Tr
Park #2
Parking Type: Private Tr
Pool: None
Approximatly Square Footage: 1100-1500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
$
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
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Shawn Syed, AMP
Broker
Dir:
416-786-7848
Bus:
(416) 494-7653
Fax:
1 866 229 3159
 
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At a Glance:
Type: Freehold - Duplex
Area: Norfolk
Municipality: Norfolk
Neighbourhood: Simcoe
Style: 2-Storey
Lot Size: x 49.77(Feet)
Approximate Age:
Tax: $2,158
Maintenance Fee: $0
Beds: 3
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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