203 Grove Street, Norfolk, ON

$399,000
MLS#:X12241155
3 beds
2 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] duplex located in the coveted neighborhood of Simcoe. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $399,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 72 x 42 ft lot
  • Features a ["unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Separate Hydro Meter, Separate Heating Controls, Carpet Free
  • equipped with ["none"] central cooling and highly efficient forced air heating via gas

***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

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateSeptember 8, 2025
Sold price information is available to members only
Listed Date6/24/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionAluminum Siding
Lot Size72 × 42 Feet
CountyNorfolk
Annual Tax$2,158
Legal DescriptionPT LT 6 BLK 108 PL 182 AS IN NR309568 NORFOLK COUNTY

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Community Features

Location

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203 Grove Street, Norfolk, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 203 Grove Street, Norfolk, ON N3Y 1K5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$319,200
Monthly Mortgage$1,855
Property Tax (Est.)$180
Utilities & Maint.$350
Total Monthly Cost$2,385

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Norfolk.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Simcoe, Norfolk.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$625,969

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Elgin Avenue
Public80 Elgin Avenue, Simcoe, Ontario, N3Y 4A8
4.6
St Joseph's
Public34 Potts Road, Simcoe, Ontario, N3Y 2S8
6.5
West Lynn
Public18 Parker Drive, Simcoe, Ontario, N3Y 1A1
5.4
Lynndale Heights
Public55 Donly Drive, Simcoe, Ontario, N3Y 5G7
6.5

Secondary Schools

Simcoe
Public40 Wilson Drive, Simcoe, Ontario, N3Y 2E5
6.2
Holy Trinity
Public128 Evergreen Hill Road, Simcoe, Ontario, N3Y 4N5
5.8

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.