39 Kent Street N Simcoe, Ontario N3Y 3S1
11 Bedroom
8 Bathroom
16,600 ft2
Ductless
Heat Pump
$1,550,000
The Investments Group is pleased to present a unique mixed-use investment opportunity in Simcoe’s 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. (id:47351)
Property Details
MLS® Number | 40705885 |
Property Type | Multi-family |
Amenities Near By | Public Transit, Shopping |
Building
Bathroom Total | 8 |
Bedrooms Total | 11 |
Basement Development | Unfinished |
Basement Type | Full (unfinished) |
Cooling Type | Ductless |
Exterior Finish | Vinyl Siding |
Fire Protection | Security System |
Foundation Type | Poured Concrete |
Heating Type | Heat Pump |
Stories Total | 2 |
Size Interior | 16,600 Ft2 |
Utility Water | Municipal Water |
Parking
None |
Land
Access Type | Highway Access |
Acreage | No |
Land Amenities | Public Transit, Shopping |
Sewer | Municipal Sewage System |
Size Depth | 130 Ft |
Size Frontage | 63 Ft |
Size Total Text | 1/2 - 1.99 Acres |
Zoning Description | Cg |
https://www.realtor.ca/real-estate/28027037/39-kent-street-n-simcoe