3446 Highway 3 Simcoe, Ontario N3Y 4J9

8 Bedroom 5 Bathroom 1700
None Forced Air


Single family house in the front, Triplex in the back.. Welcome to one of the rarest offerings around **AND OVER A 6% CAP Rate** This property leaves the door open to almost any opportunity you can dream of. Move in to the house and let the triplex pay your mortgage. Add it to your portfolio and collect over 60k per year in net income!! Offering a 4 bedroom, 2 bathroom main house with over 2000 sqft of living space, and a fully self contained triplex PLUS attached garage in the backyard, equipped with two 1 Bed units and a massive 2 Bed unit on the ground floor. This property generates $6,255.00 monthly in rental income and has the potential to increase the income even more. The main level 1 bedroom unit was just fully overhauled and renovated top to bottom, the entire property was painted on the exterior and all the septic systems were pumped and inspected prior to listing. The property sits on over a half an acre with lots of room to expand even more. The main house also has a full basement with separate entrance that can be turned into a 5th unit to add even more value and cash flow to the property again. This truly is one of the best investments you can add to your portfolio. (id:29966)

Property Details

MLS® Number 40461224
Property Type Multi-family
Equipment Type None
Features Level Lot, Crushed Stone Driveway, Level, Country Residential
Parking Space Total 9
Rental Equipment Type None


Bathroom Total 5
Bedrooms Total 8
Basement Development Unfinished
Basement Type Full (unfinished)
Construction Style Attachment Detached
Cooling Type None
Exterior Finish Vinyl Siding
Fire Protection None
Fixture Ceiling Fans
Foundation Type Block
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1700
Type Fourplex
Utility Water Sand Point, Well


Attached Garage


Acreage No
Sewer Septic System
Size Depth 142 Ft
Size Frontage 148 Ft
Size Total Text 1/2 - 1.99 Acres
Zoning Description A



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