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.
Address
39 Kent Street N
List Price
$1,550,000
Property Type
Commercial
Type of Dwelling
Investment
Area
Norfolk
Sub-Area
Simcoe
County
Norfolk
Lot Depth
129.82
Lot Type
Lot
Lot Size Units
Feet
Lot Width
63
MLS® Number
X12020402
Listing Brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Postal Code
N3Y 3S1
Tax Amount
$15,124.72
Tax Year
2024
Heat Type
Electric Forced Air
Cooling
Yes
Garage Type
None
Security Features
Partial