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$1,349,000
Status:
Amazing Freshly Renovated Mixed Use 8 Plex For Sale, located in one of the best locations Simcoe has to Offer. This Fully Leased Three Story Building is over 9000 Sq. Ft. Above Grade, Featuring 2 Commercial Units and 1 Residential Unit on the Main Floor, and 5 More residential Units on the 2nd and 3rd Floor. Open Concept and Meticulously well taken care of Commercial Units have 14' and 15' ceilings. The Residential Units are very Generously Sized, with an Abundance of natural light from the Brand New oversized Windows. Upstairs Res Units Have their Own Gas Water and Hydro Meters. Other Upgrades/Repairs include Flooring, Roof, Flashing, Sub panels, Fixtures, Plumbing, Electrical, masonry work and much much more. Ample Parking is on site. CBD Zoning Allows for a multitude of options to increase your income including increasing your building size over the parking area. (Buyer to confirm during due diligence). Would Make a Fantastic addition to any Investment Portfolio with room to increase rent roll. Rent Roll is in Supplements.
| Property Type | :Residential Income |
|---|---|
| MLS Number | :40683235 |
| Listing Type | :Sale |
| Property Age | :Unknown Years |
| Possession Date | : |
| Last Updated | :07 Jan, 2025 (332 Days ago) |
| Source | :Woodstock-Ingersoll Tillsonburg |
| Area | :Norfolk |
|---|---|
| City | :Simcoe |
| Area Major | :Town of Simcoe |
| Area Minor | :Town of Simcoe |
| Postal Code | :
N3Y 2W2
|
| Directions | :Located on Norfolk St. S. Simcoes Main St. (Highway # 24) Property is on West Side. |
| Price | : $1,349,000 |
|---|---|
| Property Taxes | :$9311.07 |
| Tax Year | :2024 |
|---|
| Heating | :Natural Gas |
|---|---|
| Bathrooms | :0 |
|---|---|
| Approx Square Footage | :9113 sqft |
05 Dec, 2024
TREB #40683231
Listed
$1349000
