197 Colborne Street Image 1

$499,900

Mar 10Duplex For Sale
bedrooms3bed
washrooms6bath
MLS - #X12010333

197 Colborne Street, Norfolk, ON N3Y 3V4

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Average Price
49990000.0%
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Price Comparison

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Property Description

Property type

Duplex

Lot size

< .50 acres

Style

1 1/2 Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Bedroom 23.51 x 3.28 mN/ASecond
Other3.76 x 2.36 mN/AMain
Foyer1.65 x 2.03 mN/AMain
Living Room3.48 x 4.5 mN/AMain

About 197 Colborne Street

Great Investment or Live-In Opportunity! Nestled in the heart of Simcoe, this well-maintained 1.5-storey duplex offers the perfect blend of investment potential and comfortable living. One side is currently tenant-occupied, providing immediate rental income, while the other side is vacant and ready for a new owner or tenant. Unit A (vacant) features 2 bedrooms and 1.5 bathrooms, with bright, spacious living areas and functional kitchen, as well as in suite laundry. The layout is ideal for first time home buyers looking to enter the market. Unit B is tenanted ($707 per month) and features 1 bedroom, 1 bathroom, cozy living room, nicely appointed kitchen and dining area, as well as a spacious mudroom. Situated in a convenient location close to schools, parks, shopping, and amenities, this property presents an excellent opportunity for investors or those looking to offset their mortgage by living in one unit while renting out the other. Don't miss out on this fantastic duplex in a prime Simcoe location!

Home Overview

Last updated

Mar 10

Virtual tour

None

Basement information

Partial Basement, Unfinished

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

2024

Listed by ERIE`S EDGE REAL ESTATE LTD.

Additional Details

Basement:Partial Basement, Unfinished
Cooling:None
Heating:Forced Air
Parking Features:Private

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$1909.28/ month
$399,920 Principal and Interest
$479,904 Property Taxes

Location

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Walk Score for 197 Colborne Street

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