39 Kent Street N Active

Simcoe,ON N3Y 3S1

$ 1550000

11 Beds

8 Baths

12100 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,100 sqft

Price per Sqft $128

MLS Listing ID 40705885

Bedrooms 11

Abv Grd Liv Area 16,600

Originating Board Hamilton - Burlington

Annual Tax Amount $15,124

Property Sub-Type Multi Family

Property Description

The Investments Group is pleased to present a unique mixed-use investment opportunity in Simcoe's 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

Area Town Of Simcoe

Zoning CG

Direction Queensway W - Norfolk St N - Robinson St - Kent St N

Rooms

Basement Full,Unfinished

Kitchen 0

Interior

Interior Features Built-In Appliances,Separate Hydro Meters

Heating Heat Pump

Cooling Ductless

Fireplace No

Appliance Dishwasher,Dryer,Refrigerator,Stove,Washer

Laundry In-Suite

Exterior

Roof Type Asphalt

Lot Frontage 63.0

Lot Depth 129.82

Garage No

Building

Lot Description City Lot,Highway Access,Public Transit,Shopping Nearby

Faces Queensway W - Norfolk St N - Robinson St - Kent St N

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 502250079

Ownership Freehold/None

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