3232 Simcoe Road, Ramara, ON L0K 1B0
- $1,288,000
- 6
- BD
- 5
- BA
- 3,000
- SqFt
- List Price
- $1,288,000
- Price Change
- ▼ $111,000 1789674312
- MLS#
- S13432364
- Status
- ACTIVE
- Type
- Multifamily
- SubType
- Multiplex
- Style
- Other
- Bedrooms
- 6
- Bathrooms
- 5
- Living Area
- 3000-3500
- Province
- ON
- Municipality
- Ramara
- Area
- Simcoe
- Neighborhood
- Brechin
- Subdivision
- Hwy 12/Simcoe Rd
Property Description
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!
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Additional Information
- Taxes
- $6,781
- Heat Type
- Baseboard
- Heat Source
- Propane
- Air Conditioning
- Other
- Kitchens
- 4
- Exterior
- Board & Batten , Shingle
- Waterfront Type
- None
- Garage Spaces
- 3
- Garage Type
- Detached
- Pool
- None
- Parking Spaces
- 13
- Parking Type
- Private
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Listing courtesy of RE/MAX COUNTRY LAKES REALTY INC..