$949,900
FOR SALE

Triplex

Bedrooms: 6Bathrooms: 3Lot: 40 x 130 ft

172 Queen Street S
Simcoe, ON N3Y 3C6

Attention investors!! Check out this amazing opportunity - introducing the first of its kind in Norfolk County - the Trifecta, a built for purpose 3 unit, 2 building property. This Property has been built ground up in 2023 with no gas, separate hydro meters, separate water supplies (can be monitored), and built with a high efficiency design which limits maintenance and expenses! This property has been meticulously thought out and each unit offers 2 bedrooms, 1 bath, in suite laundry, gorgeous finishes and one dedicated parking spot. With increasing population and a lack of rental units in Norfolk County, these Trifecta’s earn high rents with minimal risk of vacancy. You are guaranteed to come out on top with this 6.71% cap rate new construction income property. Upper unit will be vacant as of April 1st. (id:47421)
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Listed By Revel Realty Inc
Data Provided By Brantford Regional Real Estate Assn Inc
MLS® Listing Number 40531649
Last Updated Apr 02, 2024
Property Summary
Property Type Triplex

More like this:
Subdivision Town of Simcoe
Price History

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Detailed Information
Bedrooms 6
Bathrooms 3
Lot 40 x 130 ft
Amenities Nearby Hospital, Park, Schools
Listing Contract Date 2024-01-22
Location Description Turn right onto Queensway West/ON-3 W, Turn left onto Queen St N
Ownership Type Freehold
# of Parking Spaces 3
Property Type Multi-family
Transaction Type For sale
Zoning Description R2
Building
Basement Development Finished
Basement Type Full (Finished)
Exterior Finish Vinyl siding
Foundation Type Poured Concrete
Heating Type Heat Pump
Stories Total 1
Type Triplex
Utility Water Municipal water
Land
Total Size under 1/2 acre
Amenities Hospital, Park, Schools
Sewer Municipal sewage system
External Links

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