49 N Kent Street N Simcoe, Ontario N3Y 3S1
$1,875,000
A Great cash flowing property in a prime downtown location in Simcoe making it a perfect addition to any investor's portfolio. This Property consists of 4 Commercial and 6 Residential units on second floor. Residential Units vary in size, as Unit 1 has four bedrooms, Unit 2 and 5 have two bedrooms, and Units 3,4 and 6 are one bedroom/bachelors. All units feature a Full Kitchen & Bathroom. Commercial units are fully rented with top notch finishes. Other upgrades include; New Luxury vinyl Flooring, New Additional Gas Furnace . New Bathroom plumbing, toilet and sink. Unit 2 ( 2 bedroom apt) has New Windows. Drywall, New Carpet; the list goes on and on. Highly Profitable and easy to Manage. 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. Massive front courtyard could be a great food truck location. Highly profitable and easy to manage with a cap rate of 7.8% (id:63008)
Property Details
| MLS® Number | 40808990 |
| Property Type | Other |
| AmenitiesNearBy | Hospital, Public Transit, Schools |
Building
| BasementType | Partial |
| ExteriorFinish | Brick |
| FoundationType | Poured Concrete |
| StoriesTotal | 2 |
| SizeExterior | 10000.0000 |
| SizeInterior | 10000 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| LandAmenities | Hospital, Public Transit, Schools |
| Sewer | Municipal Sewage System |
| SizeDepth | 124 Ft |
| SizeFrontage | 63 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | Cbd |
https://www.realtor.ca/real-estate/29422386/49-n-kent-street-n-simcoe
Kevin Allen
Broker
41 Kent St North
Simcoe, Ontario N3Y 4S1
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March 03 2026 08:29:52
REALTORS® Association of Hamilton-Burlington
Century 21 Heritage Group Ltd