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    49 Kent Street N

    Simcoe, ON N3Y 3S1
    • $1,390,000
    • STATUS: Active
    • ON SITE: 32 Days
    • MLS #: 40157246
    UPDATED: 18 min ago
    $1,390,000
    • 0
      BEDS
    • < 0.5
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighbourhood:
    Type:
    Commercial
    County:

    Description

    Great cash flowing building in prime downtown location across from Simcoe's Top health and fitness centre & Salon. Fully tenanted. Commercial units all fully renovated with top notch finishes. Room to move cap rate up with some units. Additional Apartment in process of being converted to coin laundry facilities. Massive front courtyard could be a great food truck location. 2 newly remodeled 2 bedroom apartments, 1-1 Bedroom, 1- Bachelor, massive 4 bedroom apartment and 5th apartment converting to Laundry/storage. Highly profitable and easy to manage with a cap rate over 6%

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    The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

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

    Data last updated: 2021-10-19T21:21:19.63.
    www.foresthillbarrie.com/homes/121487303
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    49 Kent Street N Simcoe, ON N3Y 3S1

    • Price: $1,390,000
    • Status: Active
    • Updated: 18 min ago
    • MLS #: 40157246
    0
    Beds
    0
    Baths
    0
    ½ Baths
    < 0.5
    Acres
    Neighbourhood:
    Town Of Simcoe
    County:
    Norfolk
    Area:
    Town Of Simcoe
    Property Description
    Great cash flowing building in prime downtown location across from Simcoe's Top health and fitness centre & Salon. Fully tenanted. Commercial units all fully renovated with top notch finishes. Room to move cap rate up with some units. Additional Apartment in process of being converted to coin laundry facilities. Massive front courtyard could be a great food truck location. 2 newly remodeled 2 bedroom apartments, 1-1 Bedroom, 1- Bachelor, massive 4 bedroom apartment and 5th apartment converting to Laundry/storage. Highly profitable and easy to manage with a cap rate over 6%
    Exterior Features

    Acres Range < 0.5 Construction Materials Concrete BlockConcrete Poured Features In Area DowntownHospitalLibraryParkPlace Of WorshipPlayground NearbyPublic ParkingQuiet AreaSchool Bus RouteSchoolsShopping NearbyTrails Fronting On North Garage YN No Location Urban Lot Size Area 7821.0000 Parking Driveway Spaces Total 3.00 Parking Number Dedicated Spaces 3 Parking Total 3 Property Attached Detached Water Front YN No

    Interior Features

    Basement Finish Unfinished Basement YN Yes Building Area Total 10250.00 Cooling Central Air Flooring CarpetConcreteWood Heating BaseboardElectric Forced AirGasGas Forced Air OpenWall Furnace Kitchens Total 0

    Property Features

    Assessment Year 2021 Common Elements Fee YN No Common Interest Freehold/None Condo Corporation YN No Cross Street Young Street Foundation Detail ConcreteConcrete BlockPoured ConcreteSlab Lot Depth 124.00 Lot Front 63.00 Lot Shape Rectangular Mls Status Active New Construction YN No Property Sub Type Investment Sewer Sewer (Municipal) Stories Total 2.0 Under Contract Hot Water Heater Water Source Municipal

    Listing information © 2021 Information Technology Systems Ontario.
    Listing provided courtesy of Kevin Allen of Century 21 Trinity Inc. Brokerage.
    The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the Information Technology Systems Ontario. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purposes or any other purpose. Data updated daily.

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

    Data last updated: 2021-10-19T21:21:19.63.
     
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    Forest Hill Real Estate Inc Brokerage
    54 Cedar Point Drive Unit 1207
    Barrie ON, L4N 5R7