EXTENSION
See all 39 photosEXTENSION · 388 days
$1,685,000See Homsy estimate →
285 Highway 3Rural Middleton, Norfolk, ON N4G 4G7 · Sale · MLS® X12449811
--Bedrooms
--Bathrooms
--Sq ft
--Parking
--Per sq ft
About this home
The homeTaxes$10,772.35/yr
PossessionFlexible
All listing details
- Description
- 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.
- Commercial use
- Investment
- Rate
- $1,685,000 (For sale)
- Financial · Annual taxes
- $10,772 (2024)
- Site · Lot size
- 324.35 × 206.06 ft
- Building · Freestanding
- Yes
- Building · Year built
- 51-99
- Business · Business type
- Apts - 6 To 12 Units
- Availability · Occupancy
- Flexible
- Property type
- Investment
- Style
- Apartment
- Heating
- Other
- Air conditioning
- No
- Garage
- Single Detached
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The area
AreaUnavailablewalk to transit
Unavailablegrocery stores within 1 km
Unavailablepublic schools within 1 km
Unavailableparks within 1 km
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Homsy estimate
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