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16 Norfolk Street S

Simcoe, ON N3Y 2V9
  • $624,900
  • STATUS: Active Under Contract
  • ON SITE: 16 Days
  • MLS #: 40481636
Under Contract
UPDATED: 48 min ago
$624,900
  • 0
    BEDS
  • < 0.5
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,787
    SQFT
Neighbourhood:
Type:
Commercial
County:

School Ratings & Info

Description

Welcome to this amazing property located in the beautiful town of Simcoe! With a Cap rate of over 8%, you won't want to miss this unique offering including one commercial unit, three bachelor units, and two one-bedroom units, making it a great investment opportunity. The commercial unit is located on the ground floor and features large windows, making it perfect for a variety of businesses. It could be used as a retail space or office space and is currently tenanted by a law firm. The three bachelor units are located on the third floor and offer comfortable living spaces for individuals or couples. Each unit is equipped with a kitchenette and a bathroom, providing everything you need to feel at home. The two one-bedroom units are located on the second floor and are perfect for those who want a little more space. These units feature separate living and sleeping areas, as well as a full kitchen and bathroom. The property is conveniently located in the heart of Simcoe, close to shopping, restaurants, and other amenities. Don't miss out on this incredible investment opportunity! Schedule a viewing today and see all that this property has to offer.

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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-09-29T13:23:14.557.
www.manarealty.ca/homes/143307299
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16 Norfolk Street S Simcoe, ON N3Y 2V9

  • Price: $624,900
  • Status: Active Under Contract
  • On Site: 16 Days
  • Updated: 48 min ago
  • MLS #: 40481636
0
Beds
0
Baths
0
½ Baths
< 0.5
Acres
1,787
SQFT
$350
$/SQFT
Neighbourhood:
Town Of Simcoe
County:
Norfolk
Area:
Town Of Simcoe
Property Description
Welcome to this amazing property located in the beautiful town of Simcoe! With a Cap rate of over 8%, you won't want to miss this unique offering including one commercial unit, three bachelor units, and two one-bedroom units, making it a great investment opportunity. The commercial unit is located on the ground floor and features large windows, making it perfect for a variety of businesses. It could be used as a retail space or office space and is currently tenanted by a law firm. The three bachelor units are located on the third floor and offer comfortable living spaces for individuals or couples. Each unit is equipped with a kitchenette and a bathroom, providing everything you need to feel at home. The two one-bedroom units are located on the second floor and are perfect for those who want a little more space. These units feature separate living and sleeping areas, as well as a full kitchen and bathroom. The property is conveniently located in the heart of Simcoe, close to shopping, restaurants, and other amenities. Don't miss out on this incredible investment opportunity! Schedule a viewing today and see all that this property has to offer.
Exterior Features

Acres Range < 0.5 Commercial Doors Count 0 Crops Included YN No Docking YN No Frontage Length 24.00 Garage YN No Lot Features City LotHigh Traffic AreaPublic ParkingPublic TransitShopping Nearby Waterfront YN No

Interior Features

Basement Full Cooling YN No Fireplace YN No Kitchens Total 0

Property Features

Assessment Year 2022 Association Fee2 Frequency Monthly Common Elements Fee YN No Common Interest Freehold/None Insurance Expense 840 Lot Depth 0 Net Income 50760 New Construction YN No Number Of Apartment Units 0 Property Sub Type MixedBuilding And Land Senior Community YN No Sewer Sewer (Municipal) Transaction Type Sale Water Source Municipal Zoning Cg

Listing information © 2023 Information Technology Systems Ontario.
Listing provided courtesy of Peter Ligori of Re/Max Twin City Realty Inc.
The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

Data last updated: 2023-09-29T13:23:14.557.
 
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2896 Slough St, Unit 1
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