160 QUEEN Street, Simcoe, Ontario, N3Y3Y6




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$899,900
Simcoe
This multi-family property in Simcoe is for sale offering roughly 5,000 sq ft of space.
Turnkey, fully tenanted fourplex on a large quarter-acre lot in town. Well-maintained and income-focused, the property features a steel roof, updated bathrooms, new siding, separate hydro and water meters, gas heat, private outdoor space for each unit, and individual basement storage. Tenants pay their own utilities. Additional upside includes coin-operated laundry, a single-car garage for landlord use or extra rental income, two parking areas, and potential room for future expansion. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 125 days on market, against an average age of 74 days across the listings currently for sale in this city
This 10-bed multi-family in Simcoe is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $899,900, about 11.6× the local median household income of $77,500.
Carrying it typically needs a household income of about $175,782 (20% down, 25-yr amortization, stress-tested) — roughly 127% above the area median.
Source: Statistics Canada, 2021 Census (FSA N3Y)
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Loading rates, 30-yr amortization
Cash Needed to Close
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