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$1,399,000
Available - For Sale
Listing ID: S13432348
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 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!
Price $1,399,000
Taxes: $5,751
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Tenant
Address: 3232 Simcoe Road , Ramara, L0K 1B0, Simcoe
Postal Code: L0K 1B0
Province/State: Simcoe
Legal Description: PT S 1/2 LT 11 CON 4 MARA AS IN R0140392
Directions/Cross Streets: Hwy 12
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Multi-Use
Use: Other
Building Percentage: T
Total Area: 25,661.14
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Recreation/Comm
Maintenance: 0
Expenses Actual/Estimated: $Act
Sprinklers: No
Truck Level Shipping Doors #: 3
Heat Type: Baseboard
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX COUNTRY LAKES REALTY INC.

3232 Simcoe Road , Ramara, L0K 1B0, Simcoe

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Commercial Retail
Area: Simcoe
Municipality: Ramara
Neighbourhood: Brechin
Style:
Lot Size: x 211.17(Feet)
Approximate Age:
Tax: $5,751
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908