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1-5 PRIDDLE DRIVE, Norfolk (Langton) — listed at $549,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Excellent multi-family property in the farming community of Langton. A huge opportunity for any investors or to keep your family nearby. Multiple of uses. You can rent out the duplex and the home, or live in one and rent out the others. Currently the duplex is partially rented leaving the upper apartment available for you to use for yourself, a family member or to rent out at the rental amount that you want to receive. The duplex's lower unit has a 1 bedroom and 1 bath, and is rented on a month to month basis for $900. per month. Rent includes heat and hydro. Appliances in lower unit belong to the tenant. The upper unit has 2 bedrooms and 1 bath plus a workshop/garage below and is currently vacant. The single family home is vacant and has 3 bedrooms and 1 1/2 baths. All appliances and any chattels included with the property are being sold "as is, where is. The duplex and the home have separate septic systems and one sandpoint (well) services both buildings. Langton is central to Tillsonburg, Simcoe and Delhi, and of course Lake Erie. Think about what you could do with this property. The opportunities are endless! (id:60164)
Is there air conditioning?+
Yes — fully air conditioned cooling is in place.
Is this a good starter home?+
At $549,000, this is priced in starter-home territory for Norfolk (Langton). With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,696.6, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What's the parking situation?+
This property includes 6 spaces.
Is 1-5 PRIDDLE DRIVE a good fit for a growing family?+
With 6 bedrooms (1500 sq ft), there's room for kids plus a guest room or home office.
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