Fully Rented Triplex in the Heart of Simcoe Ideal Investment or Live-In Opportunity!Welcome to 218 Talbot Street South, a well-maintained and fully tenanted triplex located in the thriving community of Simcoe, Ontariothe vibrant hub of Norfolk County. This solid investment property features two spacious 2-bedroom units and one bright 1-bedroom unit, bringing in an impressive approximate monthly income of $5,000.Perfect for investors and homeowners alike, this property offers flexibility and potential. Keep all three units rented and enjoy steady cash flow, or choose to move into one unit and let the rental income from the others help offset your mortgage.Nestled in a convenient location, its just minutes away from schools, parks, shopping, and other amenities, making it highly attractive for tenants and future buyers. Simcoe itself is a beautiful and growing town, offering small-town charm with big-city conveniences. Whether you're expanding your real estate portfolio or looking for a mortgage helper, 218 Talbot Street South is a rare find that checks all the boxes.
Address
218 Talbot Street S
List Price
$799,000
Property Type
Residential Freehold
Type of Dwelling
Triplex
Style of Home
2-Storey
Area
Norfolk
Sub-Area
Simcoe
County
Norfolk
Bedrooms
5
Bathrooms
3
Floor Area
2000 - 2500 Sq. Ft.
Lot Size Source
MPAC
Lot Depth
102
Lot Size Units
Feet
Lot Width
75
MLS® Number
X12104397
Listing Brokerage
SOUTHCOAST REALTY LIMITED
Basement Area
Partial Basement, Partially Finished
Postal Code
N3Y 2Z7
Tax Amount
$2,308.00
Tax Year
2024
Interior Features
Water Heater Owned
Heat Source
Electric
Heat Type
Baseboard
Cooling Features
None
Construction Materials
Vinyl Siding
Direction Faces
West
Foundation Details
Poured Concrete, Stone
Garage Type
None
Kitchens Total
3
Pool Features
None
Roof
Asphalt Shingle
Sewer
Sewer