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.
MLS# | X12020402 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 34 |
Listing Provided By | ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES | X12020402 190201 |
SQ Feet | 12,100 |
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Acreage | 0.28 |
Province | ON |
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County | Norfolk |
City | Norfolk |
Postal Code | N3Y 3S1 |
Area | Simcoe |
Listing VS Median (In N3Y 3S1) | |
Price: $1,550,000 low | high Med: $1,550,000 SqFt: 12,100 low | high Med: 12,100 $ / SqFt: $128 low | high Med: $128 On site: 34 low | high Med: 34.000000 |