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MultiplexListed 125 days ago

$1,288,000

3232 Simcoe Road, Ramara, ON L0K 1B0

Brechin · Ramara · L0K 1B0

Listing brokerage: RE/MAX COUNTRY LAKES REALTY INC.

Beds
5+1
Baths
5
Sq ft
3000–3500
Parking
13
Virtual tour

Monthly costs

Property taxes

$565/mo

$6,781 a year (2026)

The home

Lot size
123 × 212 ft
Parking
13 spots · Detached
Faces
South
Heating · cooling
Baseboard
Possession
TBA

About this home

Exceptional Investment Opportunity! Unlock the potential of this income-producing mixed-use property featuring a commercial shop and four residential units. Offering excellent cash flow and long-term growth potential, this property is an ideal addition to any investment portfolio. The property includes approximately 1,600 sq. ft. of commercial space and a beautifully renovated 2-bedroom apartment above the shop. The residential component offers approximately 3,500 sq. ft. of living space across the four units, all well-maintained and updated. Several quality long-term tenants are already in place, providing immediate income and stability. Additional features include a community laundry room, separate heating systems, ample parking, and outdoor storage for added convenience. Whether you're a seasoned investor or looking to expand your real estate holdings, this versatile property offers multiple income streams, strong rental potential, and the opportunity to build equity for years to come. Don't miss this outstanding investment opportunity!

All details23 more from the listing · Interior, Heating, Parking, Exterior, Utilities, Taxes, Listing

Interior

Bedrooms
5+1
Bathrooms
5
Kitchens
4
Rooms
20
Size
3000-3500 sq ft

Features

  • Carpet Free
  • Propane Tank
  • Water Heater Owned
  • Sump Pump

Heating & Cooling

Heat source
Propane

Parking

Covered spaces
3

Features

  • Private

Exterior & Lot

Roof
Asphalt Shingle
Foundation
Poured Concrete, Slab
Exterior
Board & Batten , Shingle

Utilities

Sewer
Sewer

Taxes & Fees

HST
Included In

Listing

MLS® number
S13432364
Type
Multiplex
Transaction
For Sale
Neighbourhood
Brechin
Cross streets
Hwy 12/Simcoe Rd
Original price
$1,399,000
Co-listing brokerage
RE/MAX COUNTRY LAKES REALTY INC.
Rooms · 12Room ×7, Washroom ×5
  • Room

  • Room

  • Room

  • Room

  • Room

  • Room

  • Room

  • 2-piece washroom

    Ground

  • 4-piece washroom

    Upper

  • 4-piece washroom

    Upper

  • 4-piece washroom

    Upper

  • 4-piece washroom

    Main

History

Past listings and sales for this home and building.

Monthly cost

Estimated monthly cost

$6,268/mo

Mortgage
$5,703
Property tax
$565
Down payment$257,600 · 20%
Interest rate4.50%

Amortization

Estimate only, for illustration. Includes mortgage default insurance when less than 20% is put down. Speak with a lender for an exact figure.

The listing information is deemed reliable but is not guaranteed accurate by PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

$1,288,000

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