285 Highway 3, Norfolk, ON N4G 4G7
Rural Middleton, Norfolk · Near Corner of Highway 3 and Jackson Side Rd. · View map
About this home
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.
The home
- Type
- Investment
- Square footage
- 1.019 sq ft
- Lot size
- 324.4 x 206.1 ft
- Approximate age
- 51-99 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Garage & parking
- Garage
- Single Detached
- Total parking
- None
Taxes & other
- Property taxes
- $10,772/yr
- Tax year
- 2024
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Corner of Highway 3 and Jackson Side Rd.
- Neighbourhood
- Rural Middleton
More
- MLS® number
- X12449811
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
285 Highway 3 N/A, Norfolk, ON N4G 4G7
Rural Middleton, Norfolk · Near Corner of Highway 3 and Jackson Side Rd.
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Listing history for 285 Highway 3 N/A
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 285 Highway 3
Answers come straight from this home’s MLS® listing.
How much is 285 Highway 3 listed for, and what would it cost each month?
285 Highway 3 is listed for $1,685,000. With 20% down ($337,000), the mortgage payment would be roughly $6,797 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,695 a month, all in. That figure is an illustration, not a quote.
Is 285 Highway 3 freehold or a condo, and is there a monthly fee?
285 Highway 3 is a investment in Rural Middleton, Norfolk. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 285 Highway 3 have a garage and parking?
Yes. The listing shows the garage as single detached. The listing does not include a parking space.
What style of home is 285 Highway 3?
285 Highway 3 is an investment. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 285 Highway 3, and what is the lot size?
The lot is listed as 324.4 x 206.1 ft.
What are the property taxes for 285 Highway 3?
Property taxes are $10,772 a year (2024), or about $898 a month.
Where is 285 Highway 3?
285 Highway 3 is in the Rural Middleton community of Norfolk. The nearest main intersection is Corner of Highway 3 and Jackson Side Rd.. The postal code is N4G 4G7.
Is 285 Highway 3 still for sale?
Yes. It is an active listing (MLS® X12449811). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 285 Highway 3 asking?
Similar properties for sale nearby right now include PT LT 140 & 141 Colonel Talbot Road at $1,732,500, 331 Main Street at $1,580,000 and 681 Conc 14 Townsend Road at $1,490,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 285 Highway 3 N/A sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 285 Highway 3?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Rural Middleton, picked by style, size and price.
Land$1,732,500PT LT 140 & 141 Colonel Talbot Road, NorfolkRural HoughtonCourtesy of: RE/MAX CENTRE CITY REALTY INCView home →
Store w apt / office$1,580,000331 Main Street, NorfolkPort DoverCourtesy of: RE/MAX ESCARPMENT REALTY INC.View home →
Farm$1,490,000681 Conc 14 Townsend Road, NorfolkTownsendCourtesy of: NORTH 2 SOUTH REALTYView home →Courtesy of: Century 21 Heritage House Ltd Brokerage
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.