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3232 SIMCOE ROAD, Ramara, Ontario, L0K 1B0

MLS® # S13432364
Investment For Sale In Ramara, Ontario
$1,399,000
Main Building with Three Apts and Common Area - 3232 Simcoe Road, Ramara, ON
Full Aerial - 3232 Simcoe Road, Ramara, ON
Full Aerial - 3232 Simcoe Road, Ramara, ON
Main Building with Thee Apts and Common Area - 3232 Simcoe Road, Ramara, ON
Commercial Garage with Upper 2 Bedroom Apt - 3232 Simcoe Road, Ramara, ON
3232 Simcoe Road, Ramara, ON
Two bedroom Apt - Lower Main Building - 3232 Simcoe Road, Ramara, ON
3232 Simcoe Road, Ramara, ON
Two bedroom Apt - Lower Main Building - 3232 Simcoe Road, Ramara, ON
Two Bedroom has in Unit Laundry - 3232 Simcoe Road, Ramara, ON
Second Bedroom - 3232 Simcoe Road, Ramara, ON
Primary Bedroom Two Bedroom Lower Main Building - 3232 Simcoe Road, Ramara, ON
One Bedroom Apt Upper Main Building Pre-Tenant - 3232 Simcoe Road, Ramara, ON
One Bedroom Apt Upper Main Building Pre-Tenant - 3232 Simcoe Road, Ramara, ON
One Bedroom Apt Upper Main Building Pre-Tenant - 3232 Simcoe Road, Ramara, ON
One Bedroom Apt Upper Main Building Pre-Tenant - 3232 Simcoe Road, Ramara, ON
One Bedroom Apt Upper Main Building Pre-Tenant - 3232 Simcoe Road, Ramara, ON
One Bedroom Apt Upper Main Building Pre-Tenant - 3232 Simcoe Road, Ramara, ON
One Bedroom Apt Upper Main Building Pre-Tenant - 3232 Simcoe Road, Ramara, ON
Compressor on Garage - 3232 Simcoe Road, Ramara, ON
Double Bay area Garage - 3232 Simcoe Road, Ramara, ON
Commercial Garage Office - 3232 Simcoe Road, Ramara, ON
Single Bay Area Garage - 3232 Simcoe Road, Ramara, ON
Overhang store area garage - 3232 Simcoe Road, Ramara, ON
Electircal Panel Garage - 3232 Simcoe Road, Ramara, ON
Commercial Garage 2pc Bathroom - 3232 Simcoe Road, Ramara, ON
Side Door Entry Garage and Seacans (negotiable) - 3232 Simcoe Road, Ramara, ON
Common Area Main Building Coin Laundry - 3232 Simcoe Road, Ramara, ON
Bedroom 2 Upper 2 bedroom over Garage - 3232 Simcoe Road, Ramara, ON
Kitchen in the 2 bedroom over garage - 3232 Simcoe Road, Ramara, ON
Kitchen in the 2 bedroom over garage - 3232 Simcoe Road, Ramara, ON
Kitchen in the 2 bedroom over garage - 3232 Simcoe Road, Ramara, ON
Living Area in 2 Bedroom Over Garage - 3232 Simcoe Road, Ramara, ON
2nd Bedroom Closet Area - 3232 Simcoe Road, Ramara, ON
Bathroom in 2 Bedroom over the garage - 3232 Simcoe Road, Ramara, ON
Entry Door to 2 Bedroom over the garage - 3232 Simcoe Road, Ramara, ON
Main Building with Three Apts and Common Area - 3232 Simcoe Road, Ramara, ON
Full Aerial - 3232 Simcoe Road, Ramara, ON
Full Aerial - 3232 Simcoe Road, Ramara, ON
Main Building with Thee Apts and Common Area - 3232 Simcoe Road, Ramara, ON
Commercial Garage with Upper 2 Bedroom Apt - 3232 Simcoe Road, Ramara, ON
3232 Simcoe Road, Ramara, ON
Two bedroom Apt - Lower Main Building - 3232 Simcoe Road, Ramara, ON
3232 Simcoe Road, Ramara, ON
Two bedroom Apt - Lower Main Building - 3232 Simcoe Road, Ramara, ON
Two Bedroom has in Unit Laundry - 3232 Simcoe Road, Ramara, ON
Second Bedroom - 3232 Simcoe Road, Ramara, ON
Primary Bedroom Two Bedroom Lower Main Building - 3232 Simcoe Road, Ramara, ON
One Bedroom Apt Upper Main Building Pre-Tenant - 3232 Simcoe Road, Ramara, ON
One Bedroom Apt Upper Main Building Pre-Tenant - 3232 Simcoe Road, Ramara, ON
One Bedroom Apt Upper Main Building Pre-Tenant - 3232 Simcoe Road, Ramara, ON
One Bedroom Apt Upper Main Building Pre-Tenant - 3232 Simcoe Road, Ramara, ON
One Bedroom Apt Upper Main Building Pre-Tenant - 3232 Simcoe Road, Ramara, ON
One Bedroom Apt Upper Main Building Pre-Tenant - 3232 Simcoe Road, Ramara, ON
One Bedroom Apt Upper Main Building Pre-Tenant - 3232 Simcoe Road, Ramara, ON
Compressor on Garage - 3232 Simcoe Road, Ramara, ON
Double Bay area Garage - 3232 Simcoe Road, Ramara, ON
Commercial Garage Office - 3232 Simcoe Road, Ramara, ON
Single Bay Area Garage - 3232 Simcoe Road, Ramara, ON
Overhang store area garage - 3232 Simcoe Road, Ramara, ON
Electircal Panel Garage - 3232 Simcoe Road, Ramara, ON
Commercial Garage 2pc Bathroom - 3232 Simcoe Road, Ramara, ON
Side Door Entry Garage and Seacans (negotiable) - 3232 Simcoe Road, Ramara, ON
Common Area Main Building Coin Laundry - 3232 Simcoe Road, Ramara, ON
Bedroom 2 Upper 2 bedroom over Garage - 3232 Simcoe Road, Ramara, ON
Kitchen in the 2 bedroom over garage - 3232 Simcoe Road, Ramara, ON
Kitchen in the 2 bedroom over garage - 3232 Simcoe Road, Ramara, ON
Kitchen in the 2 bedroom over garage - 3232 Simcoe Road, Ramara, ON
Living Area in 2 Bedroom Over Garage - 3232 Simcoe Road, Ramara, ON
2nd Bedroom Closet Area - 3232 Simcoe Road, Ramara, ON
Bathroom in 2 Bedroom over the garage - 3232 Simcoe Road, Ramara, ON
Entry Door to 2 Bedroom over the garage - 3232 Simcoe Road, Ramara, ON
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3232 SIMCOE ROAD, Ramara, Ontario, L0K 1B0
$1,399,000

Property Information:

Exceptional Investment Opportunity! Unlock the potential of this income-producing mixed-use property featuring a commercial shop and four residential units. Offering excellent cash flow and long-term growth potential, this property is an ideal addition to any investment portfolio. The property includes approximately 1,600 sq. ft. of commercial space and a beautifully renovated 2-bedroom apartment above the shop. The residential component offers approximately 3,500 sq. ft. of living space across the four units, all well-maintained and updated. Several quality long-term tenants are already in place, providing immediate income and stability. Additional features include a community laundry room, separate heating systems, ample parking, and outdoor storage for added convenience. Whether you're a seasoned investor or looking to expand your real estate holdings, this versatile property offers multiple income streams, strong rental potential, and the opportunity to build equity for years to come. Don't miss this outstanding investment opportunity! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Type: None
  • Exterior Finish: Wood
  • Fire Protection: Smoke Detectors
  • Floor Space: 3000 - 3500 sqft Square Feet
  • Foundation Type: Poured Concrete
  • Heating Type: Baseboard heaters, Forced air
  • Heating Fuel: Propane
  • Appliances:

Property Features:

  • Property Type: Multi-family
  • Half Bathrooms: 1
  • Amenities Nearby: Marina, Park
  • Community Features: School Bus
  • Features: Carpet Free, Sump Pump
  • Floor Space (approx): 3000 - 3500 Square Feet
  • Irregular: Yes
  • Lot Depth: 212 Feet
  • Lot Frontage: 123 Feet
  • Lot Size: 123 x 212 FT
  • Surface Water:
  • Utility Type: Sewer - Installed, Hydro - Installed
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 13

Courtesy of: RE/MAX COUNTRY LAKES REALTY INC.

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Location of 3232 SIMCOE ROAD, Ramara, Ontario, L0K 1B0

Demographic Information of 3232 SIMCOE ROAD, Ramara, Ontario, L0K 1B0

Life Stage

Nearly Retired

Employment Type

Mixed

Average Household Income

$102,525.97

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

16.34 %

High school certificate or equivalent

32.41 %

Apprenticeship trade certificate/diploma

7.6 %

College/non-university certificate

30.73 %

University certificate (below bachelor)

1.9 %

University Degree

11.02 %

Commuter

Travel To Work

By Car

89.08 %

By Public Transit

0.0 %

By Walking

4.29 %

By Bicycle

0.0 %

By Other Methods

6.63 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

Houses

100.0 %

Own Vs. Rent