Description

Mixed use commercial building in the heart of Simcoe. Main floor has been leased to the VON since 2012. There are two upper apartments with separate entrances and separate utilities. Steel roof (2012). Extremely well maintained building with long term tenants. (id:66096)

Property Details

MLS®: 40865986
Property Type: Other
Zoning: CBD
Interior Size: 2,421 ft²
Frontage: 40 ft
Building Area: 2,421 ft²
Year Built: 2012
Storeys: 2
Basement: None
Ownership: Freehold
Property Tax: $10,267/yr
Listed: 8 days ago

Features

Exterior: Stone, Stucco

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

76d

Price / ft²

$289

List price

$699K

Haho

This other in Simcoe has been listed for 8 days, which is 68 days fresher than the city average of 76. Act while there is still low competition.

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Area context

Neighbourhood profile (N3Y)

This home lists at $699,000, about 9.0× the local median household income of $77,500.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 76% 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)

$699,000· $289/ft²

For sale

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Financing

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69 ROBINSON Street, Simcoe - Other for Sale