3232 Simcoe Road, Ramara, ON L0K 1B0

For Sale 1 day on Market MLS® S13432364
Asking Price
$1,399,000
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Overview
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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

Financial Information

List Price$1,399,000
Annual Taxes$6,781 (2026)
Days on Market1
MLS® S13432364 • Listed by RE/MAX COUNTRY LAKES REALTY INC.
3232 Simcoe Road, Ramara, ON L0K 1B0
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Evening5pm - 9pm
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Purchase Calculator

$1,399,000.00
$293,790.00

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4.70%

🧾 Amortization
30 years
Scenario Options
First-time Buyer
Newly Built
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💸 Rental Income
🏠 Home Expenses
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100%
$400.00
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0
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Principal & interest
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  • Monthly Mortgage$0.00
  • Home Expenses$0.00
  • Other Expenses$0.00
  • Rental Income$0.00
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$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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