Detached House for sale at 498 Norfolk Street, Norfolk, Ontario, N3Y 2X5 - Simcoe - MLS: X13610216

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498 Norfolk Street

Norfolk, Ontario, N3Y 2X5 - Simcoe

$999,000

Virtual Tour

Neighbourhood

Simcoe
Major Intersection

Norfolk St & Parker Dr

Listed Since: 3 day(s)
Last update: today

Virtual Tour

Overview

Property Type

Detached, 2 1/2 Storey
Bedrooms

4
Bathrooms

2
Basement

Part Fin
Kitchen

2
Total Parking

3 (2 Detached Garage)
Lot Size

81x767.24 (Feet)
Taxes

$4,390.83 (2025)
Type

Freehold

Property Description

Property description for 498 Norfolk Street, Norfolk

At nearly 3 acres and located within Simcoe's Urban Development Boundary, 498 Norfolk Street South presents a rare opportunity for home owners, investors, and developers alike. With an existing duplex already in place, the property offers immediate rental income while supporting exceptional long-term upside. Potential to rezoning to R4 or R5 to accomodate townhomes, apartments, or other residential uses. The owner has completed a preliminary servicing memo in consulation with Vallee Consulting and Norfolk County Municipal services are available at the road, making the property well positioned for future infill development. Whether you are seeking a sizeable in-town estate property, an investment opportunity to land bank while generating income, or a redevelopment project with significant future potential, 498 Norfolk Street South is a property that warrants serious consideration.

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

Property details

MLS #

X13610216
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

100+
Pool

None
Drive

Private
Garage

Detached, 2 spaces
Total Parking

3
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

None
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X13610216
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

100+
Pool

None
Drive

Private
Garage

Detached, 2 spaces
Total Parking

3
Family Room

Y
Den

Y
Exterior

Brick
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Forced Air
A/C

None
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Living

4.27 x 3.96 ft Main level
Dining

4.27 x 3.96 ft Main level
Kitchen

4.17 x 3.35 ft Main level
Primary

5.02 x 3.47 ft Main level
2nd Br

3.23 x 2.82 ft Main level
3rd Br

3.1 x 2.82 ft Main level
Living

3.66 x 3.79 ft 2nd level
Kitchen

3.53 x 2.62 ft 2nd level
Br

3.53 x 2.9 ft 2nd level
Den

3.35 x 2.03 ft 2nd level

Contact Manoj Kukreja

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

Property History

Property history for 498 Norfolk Street, Norfolk

This property has been sold 4 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Detached in Simcoe

Active listings

Average Selling Price of a Detached

June 2026

$663,222

Last 3 Months

$627,449

Last 12 Months

$602,148

June 2025

$627,857

Last 3 Months LY

$670,655

Last 12 Months LY

$626,810

Change

-6%

Change

-4%

Historical Average Selling Price of a Detached in Simcoe

Average Selling Price

3 years ago

$698,988

Average Selling Price

5 years ago

$654,329

Average Selling Price

10 years ago

$144,000

Change

-5%

Change

361%

Number of Detached Sold

June 2026

Last 3 Months

Last 12 Months

June 2025

Last 3 Months LY

Last 12 Months LY

Change

29%

Change

43%

Change

40%

How many days Detached takes to sell (DOM)

June 2026

Last 3 Months

Last 12 Months

June 2025

Last 3 Months LY

Last 12 Months LY

Change

15%

Change

12%

Average Selling price

Inventory Graph

Mortgage Calculator

This data is for informational purposes only.

Mortgage Payment per month
Principal Amount	Interest
Total Payable	Amortization

Property Price

Amortization

Rate of Interest

Down Payment ($)

Down Payment (%)

Closing Cost Calculator

This data is for informational purposes only.

Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

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

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* 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.

Contact Manoj Kukreja

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

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