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!
Address
3232 Simcoe Road
List Price
$1,399,000
MLS® Status
New
Property Type
Residential Freehold
Type of Dwelling
Multiplex
Style of Home
Other
Transaction Type
Sale
Area
Ramara
Sub-Area
Brechin
Region
Simcoe
Bedrooms
5 + 1
Bedrooms (Total)
6
Rooms Above Grade
20
Bathrooms
5
Floor Area
3000-3500 Sq. Ft.
Lot Depth
212
Lot Size Range (Acres)
< .50
Lot Size Units
Feet
Lot Width
122.99
Parcel Number
587140251
Parcel of Tied Land
No
Occupant Type
Partial
Cross Street
Hwy 12/Simcoe Rd
MLS® Number
S13432364
Listing Brokerage
RE/MAX COUNTRY LAKES REALTY INC.
Basement Area
None
Postal Code
L0K 1B0
Posession Details
TBA
Parking
Private
Parking Places (Total)
13
Parking Spaces
10
Tax Amount
$6,781.02
Tax Year
2026
Site Influences
Lake/Pond, Library, Marina, Park, School Bus Route
Interior Features
Carpet Free, Propane Tank, Water Heater Owned, Sump Pump
Property Features
Lake/Pond, Library, Marina, Park, School Bus Route
Central Vacuum
No
Family Room
No
Hydro
Yes
Elevator
No
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Senior Community
No
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Propane
Heat Type
Baseboard
Cooling Features
Other
Construction Materials
Board & Batten , Shingle
Direction Faces
South
Fireplace
No
Foundation Details
Poured Concrete, Slab
Garage
Yes
Garage Type
Detached
Covered Spaces
3
Kitchens Total
4
Kitchens Above Grade
4
Pool Features
None
Roof
Asphalt Shingle
Tax Legal Description
PT S 1/2 LT 11 CON 4 MARA AS IN R01403926 TOWNSHIP OF RAMARA
Security Features
Carbon Monoxide Detectors, Smoke Detector
Waterfront
No
Waterfront
None
Sewer
Sewer
Login To View 15 Additional Details On 3232 Simcoe Road
Get instant access to more information with a free account.
Already have an account? Login