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172 Queen Street S Simcoe, Ontario N3Y 3C6

6 Bedroom 3 Bathroom 1023
Heat Pump

$949,900

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:40058)

Property Details

MLS® Number 40531649
Property Type Multi-family
Amenities Near By Hospital, Park, Schools
Parking Space Total 3

Building

Bathroom Total 3
Bedrooms Total 6
Basement Development Finished
Basement Type Full (finished)
Exterior Finish Vinyl Siding
Foundation Type Poured Concrete
Heating Type Heat Pump
Stories Total 1
Size Interior 1023
Type Triplex
Utility Water Municipal Water

Land

Acreage No
Land Amenities Hospital, Park, Schools
Sewer Municipal Sewage System
Size Depth 130 Ft
Size Frontage 40 Ft
Size Total Text Under 1/2 Acre
Zoning Description R2

https://www.realtor.ca/real-estate/26435428/172-queen-street-s-simcoe

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