39 Kent Street N

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$999,999

39 Kent Street N

Simcoe, Norfolk · MLS® X14088424

12,100 sq ft · House · Multi-family · 8 days on market

listed by SAM PARK, KELLER WILLIAMS ADVANTAGE REALTY

realtor's description

Prime investment opportunity in Simcoe, Norfolk County! Located just a short walk from historic downtown, this 10-unit mixed-use building presents exceptional value-add potential for savvy investors. The property features five fully finished residential suites on the upper level generating immediate cash flow, alongside five street-level commercial spaces designed for high visibility and foot traffic. Capitalize on significant upside by finishing the main floor's commercial units, allowing you to optimize rental income and boost equity. Complete with sub-grade basement areas equipped with washroom facilities for versatile utility or storage, this multi-family asset combines immediate cash flow with strong growth potential in a prime, central location.

property details

type: House, Multi-family
living area: 12,100 sq ft
parking: 0
property tax: $15,125 / yr
days on market: 8
MLS®: X14088424

monthly cost

$5,617/mo

Mortgage $4,357 · Tax $1,260

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$4,357/ monthly

loan $799,999

25-year amortization

down payment20% · $200,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $507,071
cash to close: $200,000; down payment; transfer tax and fees not included
total paid: $1,307,070

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.