<-- style PDP --> 52 Queen Street, Norfolk - Multiplex for sale for $1,850,000
  • sold

52 Queen Street

Norfolk, Ontario, N0E 1G0 - Langton

$1,850,000$000000

  • Neighbourhood

    Langton

  • Major Intersection

    Queen St. & Norfolk Drive

  • Listed Since: 276 day(s)

  • Last update: 101 day(s) ago

Overview

  • Property Type

    Multiplex, 2-Storey

  • Bedrooms

    21

  • Bathrooms

    14

  • Basement

    Part Bsmt

  • Kitchen

    14

  • Total Parking

    15

  • Lot Size

    63.85x333.11 (Feet)

  • Taxes

    $17,994.72 (2024)

  • Type

    Freehold

Property Description

Property description for 52 Queen Street, Norfolk

ATTENTION INVESTORS: Fourteen (14) plex income property, intelligently designed for quality tenants; retirees, families & seniors. This building consists of Seven (7) 2 bdrm., 1 bath units & Seven (7) 1bdrm, 1 bath units. Prime location & modern construction will enhance tenant retention and your ability to maximize rents. Turn-key operation with the unique benefits of getting top dollar market rents, with quality tenants paying separate utilities. Many long term tenants. Low maintenance concerns for years to come. Desirable Hamlet has Grocery/Convenience stores, restaurant & LCBO within a few blocks. Ample parking for at least 20 cars and property fronts on three streets. Easily Rented Building has maintained good reputation with tenants and landlord. Fire Inspections completed yearly & water inspection is up to date. Security entrances. Upgrades Include - New Membrane Roof 2015. Fire Extinguishers in excess of minimum standard. Smoke Detectors replaced - 14 Heat Sensors added (1 per unit) so that each unit now has a smoke detector and a heat sensor - Water Maintained by landlord, regularly treated and inspected. Tenants pay Hydro & Heat. Landlord supplies hot water. Coin Laundry each level. See how this turn-key multi unit apartment building can anchor your portfolio with quality tenants & good cash flow.

Listed by Coldwell Banker G.R. Paret Realty Limited Brokerage

  • MLS #

    X12317287

  • Sq. Ft

    5000 +

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    Y

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Unreserved, Private

  • Garage

    None

  • Total Parking

    15

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Membrane

  • Foundation

    Concrete Block

  • Elevator

    N

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Baseboard

  • A/C

    None

  • Water

    Well

  • Water Supply

    n/a

  • Sewers

    Septic

  • Central Vac

    N

  • MLS #

    X12317287

  • Sq. Ft

    5000 +

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    Y

  • Year Built

    Available Upon Request

  • Pool

    None

  • Drive

    Unreserved, Private

  • Garage

    None

  • Total Parking

    15

  • Family Room

    N

  • Den

    N

  • Exterior

    Brick

  • Fireplace

    N

  • Roof

    Membrane

  • Foundation

    Concrete Block

  • Elevator

    N

  • Water View

    n/a

  • Laundry Level

    Lower

  • Heat

    Baseboard

  • A/C

    None

  • Water

    Well

  • Water Supply

    n/a

  • Sewers

    Septic

  • Central Vac

    N

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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estimate your home value

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Manoj profile avatar

Property History

Property history for 52 Queen Street, Norfolk

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Estimated price

Date
Price
Change
2025-07-31
$1,719,745
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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Down Payment(%)*

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

Manoj profile avatar

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