For Sale

561 Bank Street, Norfolk, Ontario N3Y 3N3

$0

561 Bank Street, Norfolk, Ontario N3Y 3N3 is For Sale and has a listing price of 2,399,000. The property is located in the Simcoe neighbourhood . It's been on the website for 6 Days.

  • MLS ID: X12443384
  • Office Name RE/MAX ESCARPMENT REALTY INC.
Property Description

Ideal Simcoe Investment Opportunity! Brand New, 72 unit Self-Storage Facility. Now available is a fully fenced, all-masonry built self-storage facility with steel roof, designed for low maintenance and long-term durability. This brand new complex features 72 units including 68 units sized 11 x 11.6 and 4 units sized 11.6 x 8. In addition to the units, the site offers outdoor storage options & fence signage to further increase revenue potential & overall cash flow. An approx. 400 sq ft administration office with two washrooms is fully barrier-free, providing accessibility and a professional on-site presence if desired. The facility is equipped with an automatic gated entry for security, convenience, and a hands off Investment approach. Infrastructure is top-tier, with an large aggregate parking area, full storm sewer and infiltration system in place. The combination of strong demand, low operating costs, and additional revenue potential makes this a recession-resistant investment.

Property Details
  • MLS ID: X12443384
  • Price: $2,399,000
  • Lot Depth: 300
  • Transaction Types: For Sale
  • Ref ID: X12443384
  • Year Built: N/A
  • Dir / Cross St: Second Ave
  • Status: Active
  • Tax Year: 2024
  • Property Type: Commercial
  • Property Sub Category: Retail
Price History
List Date MLS ID List Price Status End Date Closed Price
10/03/2025 X12443384 $2,399,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Simcoe
  • $760,566 Average List Price
    based on 1 year
  • 48 New Listings
    based on 30 days
  • 90 Median Days on Market
    based on 1 year
  • List vs. Selling Price 3.46 % Up
  • Sold (12mo) 86
  • Rented (12mo) 16

  • 1 Month Change -5.7%
  • 3 Month Change -14.7%
  • 6 Month Change -32.7%
Walkscore
  • 58 Walk Score
    Somewhat Walkable
  • 51 Bike Score
    Bikeable
Additional Details
  • Heat Type Other
  • Garage Type Outside/surface
  • Taxes: $8,000
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 03/10/2025 16:58:41
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