ON > Simcoe
Simcoe, ON N3Y 2W2,145 Norfolk Street S
Simcoe, ON N3Y 2W2,145 Norfolk Street S
Simcoe, ON N3Y 2W2,145 Norfolk Street S
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$760,000
Est. payment /mo
6 Beds
6 Baths
4,282 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-6-9 Unit

Listing Status Active

Purchase Type For Sale

Square Footage 4,282 sqft

Price per Sqft $177

MLS Listing ID 40728209

Bedrooms 6

Abv Grd Liv Area 4,282

Year Built 1885

Annual Tax Amount $4,209

Property Sub-Type Multi-6-9 Unit

Source Simcoe

Lot Depth 109.77

Lot Front 61.9

Property Description

Prime Investment Opportunity in Downtown Simcoe!. Discover the perfect blend of modern living and investment potential with this exceptional 6-Plex property in the heart of Simcoe. Nestled in a highly desirable downtown location, this multi-residential gem offers easy access to charming shops, essential services, and the scenic walking trails along the Lynn River. Property Highlights: 6 Units: A balanced mix of updated and well-maintained units, with 4 recently renovated to meet the demands of today's renters; Parking: Ample parking options with both street and onsite availability, ensuring convenience for tenants. Prime Location: Steps away from everything downtown Simcoe has to offer, making it a magnet for prospective tenants seeking lifestyle and convenience. This property isn't just about its current appeal—it's a gateway to the thriving multi-residential market. As demand for quality rental units continues to rise in Simcoe, this 6-plex offers a stable and growing income stream. With four units already upgraded, the heavy lifting is done, allowing you to focus on maximizing returns. The mix of updated units ensures strong rental rates, while the unbeatable location guarantees high occupancy and low turnover. Capitalize on the increasing value of multi-residential properties in this vibrant community. Whether you're a seasoned investor or looking to expand your portfolio, this 6-plex is a strategic addition that promises long-term growth and stability. Don't miss out on this rare opportunity to secure a property with excellent potential in one of Simcoe's most sought-after areas.

Location

Province ON

County Norfolk

Area Town Of Simcoe

Zoning CBD

Direction From Corner of Highway 24/Norfolk St and Highway 3/Queensway: Head south on Hwy 24/Norfolk St through downtown to Victoria St. Home is on corner. Free street parking on both sides of Norfolk St.

Rooms

Other Rooms Shed(s)

Basement Partial, Unfinished

Kitchen 0

Interior

Interior Features None

Heating Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Refrigerator, Stove

Laundry In-Suite

Exterior

Parking Features Mutual/Shared

Waterfront Description Lake/Pond

Roof Type Metal

Street Surface Paved

Porch Porch

Lot Frontage 61.9

Lot Depth 109.77

Garage No

Building

Lot Description Rectangular, City Lot, Hospital, Library, Park, Public Parking, Public Transit, Rec./Community Centre, Shopping Nearby, Trails

Faces From Corner of Highway 24/Norfolk St and Highway 3/Queensway: Head south on Hwy 24/Norfolk St through downtown to Victoria St. Home is on corner. Free street parking on both sides of Norfolk St.

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

Structure Type Brick

New Construction No

Schools

Elementary Schools Lynndale Heights/St. Joseph'S

High Schools Simcoe Composite School/Holy Trinity High School

Others

Senior Community false

Tax ID 502350141

Ownership Freehold/None

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Listed by RE/MAX ERIE SHORES REALTY INC. BROKERAGE

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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