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3232 Simcoe Road Ramara, Ontario L0K 1B0

6 Bedroom 5 Bathroom 3000 - 3500 sqft
Baseboard Heaters, Forced Air

$1,399,000

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 3,500 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! (id:61852)

Property Details

MLS® Number S13432364
Property Type Multi-family
Community Name Brechin
AmenitiesNearBy Marina, Park
CommunityFeatures School Bus
Features Carpet Free, Sump Pump
ParkingSpaceTotal 13

Building

BathroomTotal 5
BedroomsAboveGround 5
BedroomsBelowGround 1
BedroomsTotal 6
Appliances Water Heater
BasementType None
ExteriorFinish Wood, Shingles
FireProtection Smoke Detectors
FoundationType Poured Concrete, Slab
HalfBathTotal 1
HeatingFuel Propane
HeatingType Baseboard Heaters, Forced Air
SizeInterior 3000 - 3500 Sqft
Type Other
UtilityWater Municipal Water

Parking

Detached Garage
Garage

Land

Acreage No
LandAmenities Marina, Park
Sewer Sanitary Sewer
SizeDepth 212 Ft
SizeFrontage 123 Ft
SizeIrregular 123 X 212 Ft
SizeTotalText 123 X 212 Ft|under 1/2 Acre
SurfaceWater Lake/pond

Utilities

Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29889832/3232-simcoe-road-ramara-brechin-brechin

Interested?

Contact us for more information


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Kate Bassett
Salesperson


RE/MAX Country Lakes Realty Inc.

Dawn Michelle Whiteside
Salesperson


RE/MAX Country Lakes Realty Inc.

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