Simcoe, ON N3Y 2V9,16 Norfolk Street S
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Simcoe, ON N3Y 2V9,16 Norfolk Street S
Simcoe, ON N3Y 2V9,16 Norfolk Street S
Simcoe, ON N3Y 2V9,16 Norfolk Street S
Simcoe, ON N3Y 2V9,16 Norfolk Street S

$588,552

Est. payment /mo

$624,900

5.8%
Est.Price: ?

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16 Norfolk Street S Simcoe, ON N3Y 2V9

1,787 SqFt

SOLD DATE : 11/17/2023

Key Details

Sold Price $588,552

Property Type Commercial

Sub Type Mixed,Building and Land

Listing Status Sold

Purchase Type For Sale

Square Footage 1,787 sqft

Price per Sqft $329

MLS Listing ID 40481636

Sold Date 11/17/23

Abv Grd Liv Area 1,787

Originating Board Brantford

Annual Tax Amount $6,180

Property Sub-Type Mixed,Building and Land

Property Description

Welcome to this amazing property located in the beautiful town of Simcoe! With a Cap rate of over 8%, you won't want to miss this unique offering including one commercial unit, three bachelor units, and two one-bedroom units, making it a great investment opportunity. The commercial unit is located on the ground floor and features large windows, making it perfect for a variety of businesses. It could be used as a retail space or office space and is currently tenanted by a law firm. The three bachelor units are located on the third floor and offer comfortable living spaces for individuals or couples. Each unit is equipped with a kitchenette and a bathroom, providing everything you need to feel at home. The two one-bedroom units are located on the second floor and are perfect for those who want a little more space. These units feature separate living and sleeping areas, as well as a full kitchen and bathroom. The property is conveniently located in the heart of Simcoe, close to shopping, restaurants, and other amenities. Don't miss out on this incredible investment opportunity! Schedule a viewing today and see all that this property has to offer.

Location

Province ON

County Norfolk

Area Town Of Simcoe

Zoning CG

Direction Head South on Hwy 24 into Simcoe, turns into Norfolk St.

Rooms

Basement Full

Kitchen 0

Interior

Fireplace No

Exterior

Lot Frontage 24.0

Garage No

Building

Lot Description City Lot, High Traffic Area, Public Parking, Public Transit, Shopping Nearby

Faces Head South on Hwy 24 into Simcoe, turns into Norfolk St.

Story 2

Sewer Sewer (Municipal)

Water Municipal

Level or Stories 2

New Construction No

Others

Senior Community false

Tax ID 502250117

Ownership Freehold/None

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Listed by Re/Max Twin City Realty Inc
agent

Richard Rutkowski

License Partner | Broker of Record | License ID: HBRUTKORI

+1(905) 876-6660

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