New ListingPrime investment opportunity in Simcoe, Norfolk County! Located just a short walk from historic downtown, this 10-unit mixed-use building presents exceptional value-add potential for savvy investors. The property features five fully finished residential suites on the upper level generating immediate cash flow, alongside five street-level commercial spaces designed for high visibility and foot traffic. Capitalize on significant upside by finishing the main floor's commercial units, allowing you to optimize rental income and boost equity. Complete with sub-grade basement areas equipped with washroom facilities for versatile utility or storage, this multi-family asset combines immediate cash flow with strong growth potential in a prime, central location. (id:13843)
| MLS # | X14088424 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 5 |
| Listing Provided By | KELLER WILLIAMS ADVANTAGE REALTY | SAM PARK |
| SQ Feet | 12,100 |
|---|---|
| Zoning | CG |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 15124.72 |
|---|
| Province | ON |
|---|---|
| City | Norfolk (Simcoe) |
| Postal Code | N3Y3S1 |
| Listing VS Median (in N3Y3S1) | |
Price: $999,999 low | high Med: $1,437,500 sqft: 12,100 low | high Med: 11,050 $ / sqft: $83 low | high Med: $135 On site: 5 low | high Med: 118.5 | |
| Province | ON |
|---|---|
| City | Norfolk (Simcoe) |
| Postal Code | N3Y3S1 |
| Listing VS Median (in N3Y3S1) | |
Price: $999,999 low | high Med: $1,437,500 sqft: 12,100 low | high Med: 11,050 $ / sqft: $83 low | high Med: $135 On site: 5 low | high Med: 118.5 | |