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Listed by Jason Lesky • Pay It Forward Realty
$ 699,919
Est. payment /mo
Active
14 Colborne Street N Simcoe, ON N3Y 3T9
5,600 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed,Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 5,600 sqft
Price per Sqft $124
MLS Listing ID 40778815
Abv Grd Liv Area 5,600
Annual Tax Amount $4,080
Property Sub-Type Mixed,Building and Land
Source Brantford
Property Description
Welcome to 14 Colborne Street North, located in the heart of the beautiful Town of Simcoe. This exceptional investment opportunity is ideal for savvy investors seeking a strong, cash-flowing asset to enhance their portfolio. The property consists of five fully occupied residential units and one leased commercial space, offering a reliable and consistent income stream. Situated in a premium, high-visibility location, the building is currently operating at an impressive cap rate of over 7%, supported by stable tenancies and solid market demand. Opportunities like this are rare—secure your chance to view this turnkey investment property before it's gone!
Location
Province ON
County Norfolk
Area Town Of Simcoe
Zoning CG
Direction Heading East on Robinson Street, turn left onto Colborne Street N.
Rooms
Basement Partial
Kitchen 0
Interior
Fireplace No
Exterior
Lot Frontage 38.15
Lot Depth 147.0
Garage No
Building
Lot Description City Lot, Other
Faces Heading East on Robinson Street, turn left onto Colborne Street N.
Story 2
Sewer Sewer (Municipal)
Water Municipal
New Construction No
Others
Senior Community No
Tax ID 502250065
Ownership Freehold/None
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