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$1,459,000
Available - For Sale
Listing ID: X12020402
The Investments Group is pleased to present a unique mixed-use investment opportunity in Simcoes downtown district. This asset includes five fully completed condo-style residential units with in-suite laundry, two main-floor commercial units offering prime street exposure, and five self-contained lower-level commercial units. A significant value-add opportunity exists with the approved permit for three additional residential units on the main floor, providing investors with an NOI lift that enables takeout financing within a short timeframe.
Price $1,459,000
Taxes: $15,124.72
Tax Type: Annual
Occupancy by: Owner+T
Address: 39 Kent Stre North , Norfolk, N3Y 3S1, Norfolk
Postal Code: N3Y 3S1
Province/State: Norfolk
Legal Description: PT LT 5 BLK 75 PL 182 PT 2 37R1003 T/W N
Lot Size: 63 x 129.82 (Feet)
Directions/Cross Streets: Argyle & Hwy 24
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Apartment
Building Percentage: T
Total Area: 12,100
Total Area Code:  Square Feet
Franchise: F
Maintenance: 0
Sprinklers: Part
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

39 Kent Stre North , Norfolk, N3Y 3S1, Norfolk


 
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At a Glance:
Type: Com - Investment
Area: Norfolk
Municipality: Norfolk
Neighbourhood: Simcoe
Style:
Lot Size: 63.00 x 129.82(Feet)
Approximate Age:
Tax: $15,124.72
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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