Property Information:

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:27)

Building Features:

Style: Multiplex
Building Type: Other
Basement Type: None
Exterior Finish: Wood
Fire Protection: Smoke Detectors
Floor Space: 3000 - 3500 sqft
Foundation Type: Poured Concrete
Heating Type: Baseboard heaters, Forced air
Heating Fuel: Propane
Appliances:

Property Features:

Property Type: Multi-family
Bedrooms: 5+1
Bathrooms: 5
Half Bathrooms: 1
Amenities Nearby: Marina, Park
Community Features: School Bus
Features: Carpet Free, Sump Pump
Floor Space (approx): 3000 - 3500 Square Feet
Irregular: Yes
Lot Depth: 212 Feet
Lot Frontage: 123 Feet
Lot Size: 123 x 212 FT
Surface Water:
Utility Type: Sewer - Installed, Hydro - Installed
Sewer: Sanitary sewer
Parking Type: Detached garage, Garage
No. of Parking Spaces: 13

Courtesy of: RE/MAX COUNTRY LAKES REALTY INC.

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Demographic Information of 3232 SIMCOE ROAD, Ramara, Ontario, L0K 1B0

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$102,525.97

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.34 %

High school certificate or equivalent

32.41 %

Apprenticeship trade certificate/diploma

7.6 %

College/non-university certificate

30.73 %

University certificate (below bachelor)

1.9 %

University Degree

11.02 %

Commuter

Travel To Work

By Car

89.08 %

By Public Transit

0.0 %

By Walking

4.29 %

By Bicycle

0.0 %

By Other Methods

6.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

3232 SIMCOE ROAD, Ramara, Ontario, L0K 1B0