Prime Investment Opportunity in Downtown Simcoe!. Discover the perfect blend of modern living and investment potential with this exceptional 6-Plex property in the heart of Simcoe. Nestled in a highly desirable downtown location, this multi-residential gem offers easy access to charming shops, essential services, and the scenic walking trails along the Lynn River. Property Highlights: 6 Units: A balanced mix of updated and well-maintained units, with 4 recently renovated to meet the demands of today’s renters; Parking: Ample parking options with both street and onsite availability, ensuring convenience for tenants. Prime Location: Steps away from everything downtown Simcoe has to offer, making it a magnet for prospective tenants seeking lifestyle and convenience. This property isn’t just about its current appeal—it’s a gateway to the thriving multi-residential market. As demand for quality rental units continues to rise in Simcoe, this 6-plex offers a stable and growing income stream. With four units already upgraded, the heavy lifting is done, allowing you to focus on maximizing returns. The mix of updated units ensures strong rental rates, while the unbeatable location guarantees high occupancy and low turnover. Capitalize on the increasing value of multi-residential properties in this vibrant community. Whether you’re a seasoned investor or looking to expand your portfolio, this 6-plex is a strategic addition that promises long-term growth and stability. Don’t miss out on this rare opportunity to secure a property with excellent potential in one of Simcoe’s most sought-after areas.
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Construction:
Brick
Basement:
Partial, Unfinished
Foundation:
Poured Concrete
Roof:
Metal
Number of Storeys:
2
Number of Buildings:
0
Other Structures:
Shed(s)
Total Floor Area:
4,282 sq. ft.398 m2
Finished Area Above Grade:
4,282 sq. ft.398 m2
Finished Area Below Grade:
0 sq. ft.0 m2
Fireplace:
false
Laundry Features:
In-Suite
Water Supply:
Municipal
Water Meter:
Yes
Water Treatment:
No
Sewer:
Sewer (Municipal)
Cooling:
None
Heating:
Forced Air, Natural Gas
None,All Inclusions Included In "as-Is" Condition.
Refrigerator, Stove
Tenant's Belongings.
None
Porch
false
Lake/Pond
No
From Corner of Highway 24/Norfolk St and Highway 3/Queensway: Head south on Hwy 24/Norfolk St through downtown to Victoria St. Home is on corner. Free street parking on both sides of Norfolk St.
No
HST Applicable To Sale Price:
No
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Electric Expense:
$2,179.02
Insurance Expense:
$2,445.08
Expenses:
Actual
Heating Expense:
$2,998.78
Laundry Income:
$0
Net Income:
$65,133.17
Other Income:
$0
Lease to Own Equipment:
None
Leases:
No
Zoning:
CBD
Exposure / Faces:
West
Lot Site Features:
Rectangular, City Lot, Hospital, Library, Park, Public Parking, Public Transit, Rec./Community Centre, Shopping Nearby, Trails
Features:
Attached Garage: No, Crops Included: No, Garage: No, New Construction: No
Listed by RE/MAX ERIE SHORES REALTY INC. BROKERAGE
Data was last updated July 7, 2025 at 05:50 PM (UTC)
Area Statistics
Listings on market:
13
Avg list price:
$499,000
Min list price:
$349,900
Max list price:
$1,800,000
Avg days on market:
61
Min days on market:
4
Max days on market:
236
Avg price per sq.ft.:
$177.49
These statistics are generated based on the current listing's property type
and located in
Town of Simcoe. Average values are
derived using median calculations.