14 COLBORNE Street N, Simcoe, Ontario, N3Y3T9
MLS: 40778823 | Multi-family
$699,919
Property Description
Welcome to 14 Colborne Street North, located in the heart of the beautiful Town of Simcoe. This exceptional investment opportunity is ideal for savvy investors seeking a strong, cash-flowing asset to enhance their portfolio. The property consists of five fully occupied residential units and one leased commercial space, offering a reliable and consistent income stream. Situated in a premium, high-visibility location, the building is currently operating at an impressive cap rate of over 7%, supported by stable tenancies and solid market demand. Opportunities like this are rare—secure your chance to view this turnkey investment property before it’s gone! (id:64974)
Quick Facts
- Property Type: Multi-family
- Bedrooms: 9
- Bathrooms: 0
- Living Area: 5,600 sq ft (520.3 m²)
- Above Grade: 5,600 sq ft (520.3 m²)
- Ownership: Freehold
- Frontage: 38 ft (11.6 m)
Costs
- Annual Taxes: $4,080.00
Listing Provided by: Pay It Forward Realty
Board: Brantford Regional Real Estate Assn Inc
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Electric
- Cooling: None
- Basement: Unfinished, Partial
Exterior & Construction
- Exterior: Brick
- Foundation: Stone
- Sewer: Municipal sewage system
- Water: Municipal water
Lot & Land
- Frontage: 38 ft (11.6 m)
- Zoning: CG
Community & Neighbourhood
- Subdivision: Town of Simcoe
Listing Information
Listing History
Buy/Sell/Terminated/Expired listing history for 14 COLBORNE Street N, Simcoe, Ontario, N3Y3T9
Location & Neighborhood
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