Description

Mixed use commercial building in the heart of Simcoe. This well maintained building has been leased to Haldimand-Norfolk Reach since 2003. Featuring a newer roof and HVAC system. New boiler in 2024. Seller will consider a Seller take back mortgage to a qualified Buyer. (id:66096)

Property Details

MLS®: 40865995
Property Type: Other
Zoning: CBD
Interior Size: 4,414 ft²
Frontage: 32 ft
Building Area: 4,414 ft²
Storeys: 2
Basement: Partial
Ownership: Freehold
Property Tax: $7,619/yr
Listed: 8 days ago

Features

Foundation: Poured Concrete
Exterior: Brick Veneer

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Simcoe listings, avg age

74d

Price / ft²

$129

List price

$569K

Haho

This other in Simcoe has been listed for 8 days, which is 66 days fresher than the city average of 74. Act while there is still low competition.

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Area context

Neighbourhood profile (N3Y)

This home lists at $569,000, about 7.3× the local median household income of $77,500.

Carrying it typically needs a household income of about $111,146 (20% down, 25-yr amortization, stress-tested) — roughly 43% above the area median.

Median household income: $77,500
Population: 23,402
Median age: 49.2
Owner / renter: 75% / 25%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N3Y)

$569,000· $129/ft²

For sale

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Financing

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10 COLBORNE Street North, Simcoe - Other for Sale