Colborne St
Simcoe, Norfolk
$499,900
Buy with Dwelly and Save $4,999
Home Details
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Listing Description
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!
Unit A - Fridge, Stove, Built-in Dishwasher, Microwave, Washer and Dryer, and Window Coverings. Unit B - Fridge and Stove
City: Norfolk
Neighborhood: Simcoe
Property History
Rooms
Room dimensions for Colborne St, Norfolk
Market Trends and Insights
Mortgage Calculator
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Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $499900 |
| Down Payment | $99980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $399920 |
Monthly Payment
| Mortgage Payment | $2464 |
| Property Taxes | $179 |
| Maintenance Fees | $0 |
| Monthly Payment | $2643 |
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About Colborne St, Norfolk
Located at 197 Colborne St N , this Norfolk house is available for sale. This property was listed for $499,900 on Mon Mar 10 2025. This house's size is 1500-2000 Sqft. It has 3 bedrooms and 3 bathrooms. The property includes the following rooms: Other, Foyer, Living, Kitchen, Br, Foyer, Laundry, Other, Kitchen, Living, Br, 2nd Br. This property comes with 3 parking spots. 197 Colborne St N, Norfolk is situated in the Simcoe neighbourhood.
MLS#: X12010333 · $499,900 · 3 bedroom house in Simcoe, Norfolk