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. |
Price | $1,459,000 |
Taxes: | $15124.72 |
Tax Type: | Annual |
Occupancy: | Owner+T |
Address: | 39 Kent Stre North , Norfolk, N3Y 3S1, Norfolk |
Postal Code: | N3Y 3S1 |
Province/State: | Norfolk |
Legal Description: | PT LT 5 BLK 75 PL 182 PT 2 37R1003 T/W N |
Lot Size: | 63.00 x 129.82 (Feet) |
Directions/Cross Streets: | Argyle & Hwy 24 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Apartment |
Building Percentage: | T |
Total Area: | 12100.00 |
Total Area Code: | Square Feet |
Franchise: | F |
Sprinklers: | Part |
Washrooms: | 0 |
Heat Type: | Electric Forced Air |
Central Air Conditioning: | Yes |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES |
|
Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Norfolk |
Municipality: | Norfolk |
Neighbourhood: | Simcoe |
Lot Size: | 63.00 x 129.82(Feet) |
Tax: | $15,124.72 |
Fireplace: | N |