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In-PersonVirtual Tour
$ 1,550,000
Est. payment | /mo
12,100 SqFt
$ 1,550,000
Est. payment | /mo
12,100 SqFt
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 12,100 sqft
Price per Sqft $128
Subdivision Simcoe
MLS Listing ID X12020402
Annual Tax Amount $15,124
Tax Year 2024
Property Sub-Type Investment
Property Description
The Investments Group is pleased to present a unique mixed-use investment opportunity in Simcoes downtown district. This asset includes five fully completed condo-style residential units with in-suite laundry, two main-floor commercial units offering prime street exposure, and five self-contained lower-level commercial units. A significant value-add opportunity exists with the approved permit for three additional residential units on the main floor, providing investors with an NOI lift that enables takeout financing within a short timeframe.
Location
Province ON
County Norfolk
Community Simcoe
Area Norfolk
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 63.0
Lot Depth 129.82
Others
Security Features Partial
Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
7885 Tranmere Dr Unit 1, Mississauga, Ontario, L5S1V8, CAN