3232 Simcoe Road, Ramara, ON L0K 1B0
For Sale
1 day on Market
MLS® S13432364
1 / 0
Overview
Active
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!
Bedrooms
6
Bathrooms
5.0
Area
3,250 sqft
Lot Size
0.6 acres
Type
Multiplex
Property Details
Year BuiltNot Disclosed
CityRamara
Postal CodeL0K1B0
Lot Dimensions122.99 × 212.00 ft
Parking13 spaces
Interior Features
Heat: Baseboard
Heat Source: Propane
Cooling: Other
Style: Other
Exterior & Land
Sewer: Sewer
Construction: Board & Batten , Shingle
Roof: Asphalt Shingle
Utilities & Services
Heat SourcePropane
SewerSewer
3232 Simcoe Road, Ramara, ON L0K 1B0
Purchase Calculator
$1,399,000.00
$293,790.00
⚙️ Rate
Your mortgage interest rate can either be Fixed for the term or Variable.
4.70%
🧾 Amortization
30 years
Scenario Options
First-time Buyer
Newly Built
Insured Prefer
💸 Rental Income
🏠 Home Expenses
$900.00
100%
$400.00
📉 Taxes
🛠️ Maintenance
⚡ Utilities etc.
🛠️ Maintenance
⚡ Utilities etc.
Total Monthly Cost
⚙️
0
/month
Principal & interest
Home expenses
Other expenses
Rental income
- Monthly Mortgage$0.00
- Home Expenses$0.00
- Other Expenses$0.00
- Rental Income$0.00
Mortgage Amount
$0.00
Closing Costs
$0.00
Mortgage Payment$0.00
Net Mortgage$0.00
Interest paid over term$0.00
Balance end of Term$0.00
Effective Amortization30 Years
Property Location
3232 Simcoe Road, Ramara, ON L0K 1B0
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