3232 Simcoe Road, Ramara (brechin), Ontario

$1,399,000

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6

Beds

5

Baths

About 3232 Simcoe Road

Exceptional Investment Opportunity! Unlock the potential of this income-producing mixed-use property featuring a commercial shop and four residential units. Offering excellent cash flow and long-term growth potential, this property is an ideal addition to any investment portfolio. The property includes approximately 1,600 sq. ft. of commercial space and a beautifully renovated 2-bedroom apartment above the shop. The residential component offers approximately 3,500 sq. ft. of living space across the four units, all well-maintained and updated. Several quality long-term tenants are already in place, providing immediate income and stability. Additional features include a community laundry room, separate heating systems, ample parking, and outdoor storage for added convenience. Whether you're a seasoned investor or looking to expand your real estate holdings, this versatile property offers multiple income streams, strong rental potential, and the opportunity to build equity for years to come. Don't miss this outstanding investment opportunity! (id:36535)

Features of 3232 Simcoe Road

Listing # S13432364
Price $1,399,000
Bedrooms 6
Bathrooms 5.00
Half Baths 1
Acres 0.00
Type Multi-family

Community Information

Address 3232 Simcoe Road
Subdivision Brechin
City Ramara (brechin)
Province Ontario
Postal Code L0K1B0

Amenities

Amenities Marina, Park
Utilities Electricity, Sewer
Features Carpet Free, Sump Pump
Parking Spaces 13
Parking Detached Garage, Garage
# of Garages 2
Is Waterfront No
Has Pool No

Interior

Appliances Water Heater
Heating Propane Baseboard heaters, Forced air
Fireplace No
Has Basement No
Basement Type None

Exterior

Exterior Wood, Shingles
Lot Description 123 x 212 FT|under 1/2 acre
Foundation Poured Concrete, Slab

Listing Details

OfficeCourtesy Of RE/MAX COUNTRY LAKES REALTY INC.

Listing Map