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39 KENT Street N
Simcoe Ontario , N3Y3S1 , Canada
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$1,550,000.00
MLS® 40705885
Investment
Lot Frontage: 63.0 Feet
Lot Depth: 130.0 Feet
Total Bedrooms: 11
Total Bathrooms: 8
Zoning: CG
Remarks:
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:7526)

Property Features:
  • Access Type: Highway access
  • Amenities Nearby: Public Transit , Shopping
  • OwnershipType: Freehold
  • Parking Type: None
  • Property Type: Multi-family
  • Sewer: Municipal sewage system
Building Features:
  • Basement Development: Unfinished
  • Basement Type: Full
  • Exterior Finish: Vinyl siding
  • Fire Protection: Security system
  • Foundation Type: Poured Concrete
  • Heating Type: Heat Pump

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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