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:35544)
| MLS® Number | 40705885 |
| Property Type | Multi-family |
| AmenitiesNearBy | Public Transit, Shopping |
| BathroomTotal | 8 |
| BedroomsTotal | 11 |
| BasementDevelopment | Unfinished |
| BasementType | Full (unfinished) |
| CoolingType | Ductless |
| ExteriorFinish | Vinyl Siding |
| FireProtection | Security System |
| FoundationType | Poured Concrete |
| HeatingType | Heat Pump |
| StoriesTotal | 2 |
| SizeInterior | 16600 Sqft |
| UtilityWater | Municipal Water |
| None |
| AccessType | Highway Access |
| Acreage | No |
| LandAmenities | Public Transit, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 130 Ft |
| SizeFrontage | 63 Ft |
| SizeTotalText | 1/2 - 1.99 Acres |
| ZoningDescription | Cg |
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