Prime investment opportunity in Simcoe, Norfolk County! Located just a short walk from historic downtown, this 10-unit mixed-use building presents exceptional value-add potential for savvy investors. The property features five fully finished residential suites on the upper level generating immediate cash flow, alongside five street-level commercial spaces designed for high visibility and foot traffic. Capitalize on significant upside by finishing the main floor's commercial units, allowing you to optimize rental income and boost equity. Complete with sub-grade basement areas equipped with washroom facilities for versatile utility or storage, this multi-family asset combines immediate cash flow with strong growth potential in a prime, central location.
Address
39 Kent Street N
List Price
$999,999
MLS® Status
New
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Norfolk
Sub-Area
Simcoe
Lot Type
Lot
Lot Size Units
Feet
Lot Width
63.03
Parcel Number
502250079
Total Building Area
12100
Occupant Type
Tenant
Cross Street
Argyle & Hwy 24
MLS® Number
X14088424
Listing Brokerage
KELLER WILLIAMS ADVANTAGE REALTY
Basement
Yes
Postal Code
N3Y 3S1
Posession Details
TBD
Tax Amount
$15,124.72
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Electric Forced Air
Cooling Features
Yes
Garage Type
None
Tax Legal Description
PT LT 5 BLK 75 PL 182 PT 2 37R1003 T/W NR586605; NORFOLK COUNTY
Security Features
Partial