172 Queen Street S Simcoe, Ontario N3Y 3C6
$949,900
Attention investors!! Check out this amazing opportunity - introducing the first of its kind in Norfolk County - the Trifecta, a built for purpose 3 unit, 2 building property. This Property has been built ground up in 2023 with no gas, separate hydro meters, separate water supplies (can be monitored), and built with a high efficiency design which limits maintenance and expenses! This property has been meticulously thought out and each unit offers 2 bedrooms, 1 bath, in suite laundry, gorgeous finishes and one dedicated parking spot. With increasing population and a lack of rental units in Norfolk County, these Trifecta’s earn high rents with minimal risk of vacancy. You are guaranteed to come out on top with this 6.71% cap rate new construction income property. Upper unit will be vacant as of April 1st. (id:29966)
Property Details
| MLS® Number | 40531649 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Park, Schools |
| Parking Space Total | 3 |
Building
| Bathroom Total | 3 |
| Bedrooms Total | 6 |
| Basement Development | Finished |
| Basement Type | Full (finished) |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Poured Concrete |
| Heating Type | Heat Pump |
| Stories Total | 1 |
| Size Interior | 1023 |
| Type | Triplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Land Amenities | Hospital, Park, Schools |
| Sewer | Municipal Sewage System |
| Size Depth | 130 Ft |
| Size Frontage | 40 Ft |
| Size Total Text | Under 1/2 Acre |
| Zoning Description | R2 |
https://www.realtor.ca/real-estate/26435428/172-queen-street-s-simcoe
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April 02 2024 05:45:52
Brantford Regional Real Estate Assn Inc
Revel Realty Inc