172 Queen Street S, Simcoe ON N3Y 3C6

$ 949,900
172 Queen Street S, Simcoe ON N3Y 3C6,
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Overview

  • Updated On:
  • April 1, 2024
  • 6 Bedrooms
  • 3 Bathrooms
  • 1,023 ft2

Description

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.

Address: 172 Queen Street S, Simcoe ON N3Y 3C6
City:
State/County:
Zip: N3Y 3C6
Country: CA
Open In Google Maps
Property Id : 1370296
Price: $ 949,900
Property Size: 1,023 ft2
Bedrooms: 6
Bathrooms: 3
Other Features
Dryer
Has Heating System
Open Parking
Refrigerator
Separate Hydro Meters
Stove
Washer
$ 3,682.95
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 3,682.95

Mazher Latif

Real Estate Agent
Member of: Cityscape Real Estate Ltd., Brokerage

Contact Me

Schedule a showing?
Call +1 (519) 209-6934 WhatsApp

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Mazher Latif