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Sanjiv Puri

Broker
Ipro Realty Ltd., Brokerage Independently owned and operated. 503-55 City Centre Dr., Mississauga, Ontario L5B1M7 Cell: 647-295-5501Office: 905-268-1000Fax: 905-277-0020

$399,000
Available - For Sale
Listing ID: X12241155
203 Grove Stre , Norfolk, N3Y 1K5, Norfolk


***DUPLEX*** PRICED TO SELL - This two-story duplex is a turn-key investment opportunity, featuring a cash-flow-positive setup. Fully tenanted with fantastic tenants offering 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. Tenants are currently on month-month basis and would require 2 months notice if the buyer wanted the property as their residence. Laundry is located in the lower level walk down with separate side door to basement. Metal Roof offers longevity. 200 amp panel. This Duplex offers separate hydro, separate gas and separate water meters, no A/C, Forced Air Gas Heat, 6 car parking lot, close to all amenities. Water heater 8-10 yrs old. Added photos to show empty prior to tenants. 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. Invest in your future. Schedule a viewing today! Please allow 24hr notice for showings
Price $399,000
Taxes: $2158.00
Assessment Year: 2024
Occupancy: Tenant
Address: 203 Grove Stre , Norfolk, N3Y 1K5, Norfolk
Directions/Cross Streets: Grove St and Metcalfe St S
Rooms: 7
Bedrooms: 3
Bedrooms +: 0
Family Room: T
Basement: Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Kitchen 10.99 10.99
Room 2 Main Family Ro 12 10.99
Room 3 Main Bathroom 8 6
Room 4 Main Bedroom 8 10.99
Room 5 Second Kitchen 22.99 10.99 Open Concept, Combined w/Living
Room 6 Second Bathroom 6.99 6
Room 7 Second Bedroom 2 10 8.99
Room 8 Second Bedroom 3 10 8.99
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 4 Second
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Property Type: Duplex
Style: 2-Storey
Exterior: Aluminum Siding
Garage Type: None
Drive Parking Spaces: 6
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
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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.
EXP REALTY
Personal Picture
Sanjiv Puri
Broker
Dir:
647-295-5501
Bus:
905-268-1000
Fax:
905-277-0020
 
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At a Glance:
Type: Freehold - Duplex
Area: Norfolk
Municipality: Norfolk
Neighbourhood: Simcoe
Style: 2-Storey
Lot Size: x 42.00(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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