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$799,000
Available - For Sale
Listing ID: X12104397
218 Talbot Stre South , Norfolk, N3Y 2Z7, Norfolk
Fully Rented Triplex in the Heart of Simcoe Ideal Investment or Live-In Opportunity!Welcome to 218 Talbot Street South, a well-maintained and fully tenanted triplex located in the thriving community of Simcoe, Ontariothe vibrant hub of Norfolk County. This solid investment property features two spacious 2-bedroom units and one bright 1-bedroom unit, bringing in an impressive approximate monthly income of $5,000.Perfect for investors and homeowners alike, this property offers flexibility and potential. Keep all three units rented and enjoy steady cash flow, or choose to move into one unit and let the rental income from the others help offset your mortgage.Nestled in a convenient location, its just minutes away from schools, parks, shopping, and other amenities, making it highly attractive for tenants and future buyers. Simcoe itself is a beautiful and growing town, offering small-town charm with big-city conveniences. Whether you're expanding your real estate portfolio or looking for a mortgage helper, 218 Talbot Street South is a rare find that checks all the boxes.
Price $799,000
Taxes: $2,308
Assessment Year: 2024
Occupancy by: Tenant
Address: 218 Talbot Stre South , Norfolk, N3Y 2Z7, Norfolk
Directions/Cross Streets: Talbot St. S. and Grove Street
Rooms: 11
Bedrooms: 5
Bedrooms +: 0
Washrooms: 3
Family Room: F
Basement: Partial Base
Partially Fi
No. of Pieces Level
Washroom 1:  3 Main
Washroom 2:  3 Second
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Property Type: Triplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
Drive Parking Spaces: 0
Pool: None
Approximatly Square Footage: 2000-2500
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
Utilities-Cable: Y
Utilities-Hydro: Y
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Interest Rate: %  
Amortization :  Years
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
SOUTHCOAST REALTY LIMITED

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Maria Tompson
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Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

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