571 Bank Street, Norfolk, ON

$1,050,000
MLS#:X13636906
0 beds
0 baths
Commercial
Commercial for sale - 0 Bed, 0 Bath Home at 571 Bank Street Norfolk ON listed at $1,050,000 (MLS# X13636906) - Main View
For Sale
Added:Aug 4, 2026(36 days ago)
Updated:Aug 4, 2026(36 days ago)
Last Checked:15 minutes ago

Property Highlights

Welcome to this remarkable industrial located in the coveted neighborhood of Simcoe. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,050,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 187.97 x 300.25 ft lot size
  • equipped with yes central cooling and highly efficient gas forced air closed heating

Description

Attention investors & business owners, this is a rare opportunity to acquire a fully renovated and highly versatile commercial property at 571 Bank Street in Simcoe. Set on a 1.27 acre lot in a high traffic location, this ML zoned property offers excellent exposure, access to major routes & flexibility for a wide range of light industrial & commercial uses. Offering apprx 6,504 sqft, the building was renovated top to bottom in 2018 w/permits. The front features a professionally designed showroom w/a red cedar ceiling w/exposed steel I beams, & AODA accessible family bathroom, along w/2 addtl washrooms. A third front room is already plumbed for 4 more toilets, allowing for future expansion. The space also includes a kitchenette, office area, & LED lighting. Flooring throughout is updated, with 3 front offices (excluding the rounded corner office, which features luxury vinyl tile) finished in engineered hardwood. Hallways, main areas, & bathrooms are completed w/24"x24" porcelain tile, while the décor/kitchen & office cubicle areas feature luxury vinyl plank. Terrazzo flooring is found exclusively in the rear warehouse areas, incld the garage & storage spaces. The warehouse is designed for function w/on grade loading through a 9'4x9'7 roll up door. A 2024 independent gas suspended heater w/separate thermostat provides efficient climate control. HVAC system includes 2 furnaces, currently operating on 1, w/option to extend service into warehouse. The exterior features concrete block construction w/steel cladding, new stucco finish, and new windows w/protective coating. The roof includes a BML flat roof (2018) and steel DAP roofing (2026). Interior framing features 2x6 steel studs w/code compliant insulation & firewall. Over 60 parking spaces, including 2 accessible spots, plus a 30x60 concrete pad w/footings for future expansion. Addtl features include an owned Millennium security system, signage electrical box, natural gas, & Bell Explornet high speed internet.

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Property Summary

This industrial located at 571 Bank Street, Norfolk is currently for sale and has been available on SousaSells for 36 days. This property is listed at $1,050,000 with an estimated mortgage of $3,495* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 571 Bank Street, Norfolk is in the Simcoe neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Simcoe, Norfolk.

Great for Small Household / Couples
What We Love About This Home
  • •Desirable Industrial architecture in Simcoe, Norfolk
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

Property Type
Commercial

Additional Details

StatusActive
Price$1,050,000
AddedAug 4, 2026 (36 days ago)
UpdatedAug 4, 2026 (36 days ago)
Last Checked15 minutes ago
Transaction TypeFor Sale
List Office NameREVEL REALTY INC.

Property Details

Property Sub-TypeIndustrial
Lot Size187.97 Ă— 300.25 Feet
CountyNorfolk
Annual Tax$15,442.98
Rental ItemsAlarm System
Legal DescriptionPT LT 1 CON 14 TOWNSEND AS IN NR414292 AMENDED BY NR420792 EXCEPT NR424351; NORFOLK COUNTY

Parking & Garage

Parking Space60
Garage TypeNone

Heating & Cooling

Heat TypeGas Forced Air Closed
CoolingYes

Features

Property Features

None listed

Interior Features

None listed

Security Features

  • Yes

Community Features

  • Major Highway
  • Recreation/Community Centre

Property History

No historical data available for this property.

This could be the first listing for this address.

Frequently Asked Questions about 571 Bank Street, Norfolk, ON

Q.What is the asking price for 571 Bank Street, Norfolk, ON ?

The current listing price for 571 Bank Street, Norfolk, ON in Simcoe, Norfolk is $1,050,000.

Q.How many bedrooms and bathrooms does this property have?

This property features null bedrooms and null bathrooms.

Q.What property type and architectural style is 571 Bank Street, Norfolk, ON ?

571 Bank Street, Norfolk, ON is a Industrial () featuring a basement.

Q.What neighborhood and community amenities are nearby?

Community features and nearby amenities include: Major Highway, Recreation/Community Centre.

Q.What security features are installed at 571 Bank Street, Norfolk, ON ?

Security features include: Yes.

Q.What heating and cooling systems are installed?

Heating is provided via standard central heat and cooling via Yes.

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Location

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571 Bank Street, Norfolk, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Simcoe, Norfolk

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Pricing & Value Insights

Data-driven valuation for 571 Bank Street, Norfolk, ON N3Y 3N3

Estimated Sales Range
$998,000 - $1,029,000

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Norfolk.

Configure Loan Settings

Interest Rate4.00%
Down Payment$315,000 (30.0%)
* Minimum Canadian down payment required for this price is $210,000.
Amortization Period30 Years
Estimated Monthly Payment$3,495Based on a loan of $735,000 over 30 years.
Purchase Price$1,050,000
Loan Amount$735,000
Provincial Land Transfer Tax:$17,475
Total Estimated Closing Taxes:$17,475

About Purchasing a Home in Norfolk, ON

For a property listed at $1,050,000 in Norfolk, the legal minimum down payment is $210,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $17,475 for this transaction. As this listing is in Norfolk (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $17,475.

Similar Listings in Simcoe, Norfolk

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Simcoe, Norfolk Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Simcoe, Norfolk.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$774,258

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Simcoe, Norfolk

Elementary Schools

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Secondary Schools

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Simcoe, Norfolk Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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