ON > Simcoe
Simcoe, ON N3Y 2X7,17-23 Kent Street S
Simcoe, ON N3Y 2X7,17-23 Kent Street S
Simcoe, ON N3Y 2X7,17-23 Kent Street S
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Listed by Penny Shurr • RE/MAX ERIE SHORES REALTY INC. BROKERAGE
$1,800,000
Est. payment /mo
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9 Beds
13 Baths
12,250 SqFt
Active

17-23 Kent Street S Simcoe, ON N3Y 2X7

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,250 sqft

Price per Sqft $146

MLS Listing ID 40703890

Bedrooms 9

Abv Grd Liv Area 12,250

Originating Board Simcoe

Annual Tax Amount $14,518

Lot Size 10,280 Sqft

Acres 0.236

Property Sub-Type Multi Family

Property Description

CALLLING ALL INVESTORS! A rare opportunity as has come to own this giant, income generating building. With a cap rate of over 7% it will sell fast! Add this to your portfolio and settle into an early retirement. Some updates include a new roof (2020), fire alarms (2023), windows (2021, 2025) newly renovated units 19A & 19B. This building consists of 7 one bedroom, 1 bath apartments. Each has a gallery style kitchen that opens to a spacious living room, a large bedroom and bath including a front hall closet. All 7 units are upstairs separated by a beautiful brick hallway. This building also features a separate laundry room with 1 coin operated washer & dryer. (extra income). On the main floor you will find 2 newly renovated, one bedroom apartments with their own ground floor access. Also on ground level is a generous 2000 sq.ft. studio apartment with 20' ceilings and 2 baths, making this the perfect multiuse space.
The front of the building has 2 commercial retail spaces, one 500 sq.ft., the other 2500 sq.ft. both with their own bathroom. The basement is unfinished and could also provide potential income. All 12 units are occupied and well maintained. Don't waste time, inquire how this building can kickstart your retirement today! Please refer to alternate MLS 40704040

Location

Province ON

County Norfolk

Area Town Of Simcoe

Zoning CG

Direction North on Norfolk St, right on Robinson, left on Kent. Property on the left #17-23.

Rooms

Basement Full, Unfinished

Kitchen 0

Interior

Interior Features None

Heating Baseboard, Forced Air, Natural Gas

Cooling None

Fireplace No

Appliance Refrigerator, Stove

Laundry Coin Operated

Exterior

Parking Features Gravel

Roof Type Tar/Gravel,Other

Handicap Access Fire Escape

Lot Frontage 79.8

Garage No

Building

Lot Description Irregular Lot, City Lot, Hospital, Library, Place of Worship, Playground Nearby, Public Parking, Public Transit, Rec./Community Centre, School Bus Route, Schools

Faces North on Norfolk St, right on Robinson, left on Kent. Property on the left #17-23.

Story 2

Foundation Poured Concrete

Sewer Sewer (Municipal)

Water Municipal

Structure Type Brick

New Construction No

Others

Senior Community No

Tax ID 502250136

Ownership Freehold/None

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agent

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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17-23 Kent Street S

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