MLS: X12449811 Date listed: 2025-10-07
285 Highway 3 Norfolk - Rural Middleton
Investment Extended
Listed for $ 1,685,000

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Description

Listed by Century 21 Heritage House Ltd Brokerage

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.

Key Facts:

Tax: $10,772 / 2024
Property Type: Investment
Building Age: 51-99 years
Lot Size: 324.35 x 206.06 feet
Basement: Y
Listing #: X12449811
Original Price: $1,771,000
Days on Site: 394 days
Status Change: 88 days ago
Added to CiRealty: 2025-10-07
Updated on: 2026-08-07
Market Demand:
Buyer’s Market
Balanced
Seller’s Market
Property Details
Property details for 285 Highway 3, Norfolk. Listed for $1,685,000 on 2025-10-07
Property
Property Type: Investment
Style: Apartment
Community: Rural Middleton
Municipality: Norfolk
Utilities
Water: Well
Cooling: N
Heating Type: Other
Building
Building Age: 51-99 years
Parking
Garage Type: Single Detached
Land
Sewer: Septic
Frontage: 324.35 feet
Depth: 206.06 feet
Cross Street: Corner of Highway 3 and Jackson Side Rd.
Property
Property Type: Investment
Style: Apartment
Community: Rural Middleton
Municipality: Norfolk
Building
Building Age: 51-99 years
Parking
Garage Type: Single Detached
Land
Sewer: Septic
Frontage: 324.35 feet
Depth: 206.06 feet
Cross Street: Corner of Highway 3 and Jackson Side Rd.
Utilities
Water: Well
Cooling: N
Heating Type: Other
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