• Mobile: 416-459-5555
  • Office: 905-731-2000
  • Fax: 905-886-7556

$850,000
Available - For Sale
Listing ID: X8382062
32 TALBOT St South , N3Y 2Z2, Ontario


Seller willing to hold up to $50,000 VTB for an approved buyer (First year 0% interest, second year 10% interest), FREE property management for 1 year, and 1 unit (1 bedroom) vacant for July 1st! Welcome to this fantastic investment opportunity in Simcoe, ON with close proximity to grocery stores and amenities! This 4plex offers a mix of units including one spacious 3-bedroom and three cozy 1-bedroom units. Boasting strong rental income and low expenses, this property is listed at a 7.4 cap, making it a lucrative investment. Each unit has been thoughtfully renovated over the last couple years, featuring updated electrical, plumbing, new appliances, and all new finishes. The property offers separate gas, hydro, and water meters - keeping the expenses low for the new owner. Additional features include a durable metal roof and ample parking with space for five vehicles. The current tenants are reliable, making this a hassle-free investment opportunity. Don't miss out on the chance to own this well-maintained and income-generating property in Simcoe!
Price $850,000
Taxes: $3234.00
Assessment: $228000
Assessment Year: 2024
Occupancy by: Tenant
Address: 32 TALBOT St South , N3Y 2Z2, Ontario
Postal Code: N3Y 2Z2
Province/State: Ontario
Legal Description: LT 1 BLK 92 PL 182; PT LT 2 BLK 92 PL 18
Directions/Cross Streets: CORNER OF TALBOT STREET SOUTH & WEST ST
Total Area: 3700.00
Total Area Code:  Sq Ft
Area Influences: Park  
Insurance Expense: $2640
Other Expenses: $350
Washrooms: 4
Heat Type: Forced Air
Central Air Conditioning: Central Air
Sewers: Sewers
Water: Municipal
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Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
BLUE FOREST REALTY INC.
Personal Picture
Hassan Ostadi
Sales Representative
Dir:
416-459-5555
Bus:
905-731-2000
Fax:
905-886-7556
 
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At a Glance:
Type: Com - Investment
Area:
Municipality:
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Style:
Lot Size: 65.05 x ()
Approximate Age:
Tax: $3,234
Maintenance Fee: $0
Beds:
Baths: 4
Garage: 0
Fireplace:
Air Conditioning:
Pool:
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