Excellent investment opportunity with over 10,000 Square Feet! Fully rented residential 8 plex with ground level 5400+ Square foot commercial retail warehouse space. Huge capital improvements done in the last 2 years. Including stucco/stone front facade, windows, doors, bathrooms, flooring, roofs, brand new asphalt parking lot, plumbing, exterior paint, storage units, covered porch entrance, new heat pumps in all upper apartments, new hot water heaters, new interior paint, and much more! Some units have newer kitchens and bathrooms. Rear truck level loading dock with elevator. Main floor tenant operates a reputable and successful Fireplace/HVAC business. All residential and commercial units fully occupied. Too many improvements to list. Turn key investment!
Under Contract:
None
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Approx. Age:
51-99
Total Approx Floor Area:
5000 +
Lot Depth:
166'6"50.7 m
Lot Frontage:
65'7"20 m
Lot Shape:
Rectangular
Topography:
Flat
Direction Faces:
North
Bedrooms:
10
Bathrooms:
9.0
Water supply:
Municipal
Kitchens:
8
Bedrooms Above Grade:
10
Kitchens Above Grade:
8
Rooms Above Grade:
33
Zoning:
CG
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Concrete
Roof:
Membrane
Basement:
None
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Other Structures:
Storage
Parking Features:
Private
Parking Spaces:
9
Total Parking Spaces:
9.0
Family Room:
No
Possession Details:
FLEXIBLE
Pool:
None
HST Applicable To Sale Price:
In Addition To
Assessment:
$842,000
Assessment Year:
2025
Taxes:
$11,293 /
2025
Assessment:
$842,000.00 /
2025
Simcoe
Springwater
Elmvale
Library, Park, Public Transit, Rec./Commun.Centre, School, Place Of Worship
Separate Hydro Meter, Water Heater Owned
NONE
8 Fridges and 8 Stoves(AS IS), Coin operated washer and dryer, 2 Commercial Hot Water Heaters, 8 Ductless Heat/Air Systems
All Tenants Belongings in Apartments. All Tenants belongings in Commercial space including all Fireplaces
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