3446 Highway 3, Simcoe, ON, N3Y 4J9
Single family house in the front, Triplex in the back.. Welcome to one of the rarest offerings around **AND OVER A 6% CAP Rate** This property leaves the door open to almost any opportunity you can dream of. Move in to the house and let the triplex pay your mortgage. Add it to your portfolio and collect over 60k per year in net income!! Offering a 4 bedroom, 2 bathroom main house with over 2000 sqft of living space, and a fully self contained triplex PLUS attached garage in the backyard, equipped with two 1 Bed units and a massive 2 Bed unit on the ground floor. This property generates $6,255.00 monthly in rental income and has the potential to increase the income even more. The main level 1 bedroom unit was just fully overhauled and renovated top to bottom, the entire property was painted on the exterior and all the septic systems were pumped and inspected prior to listing. The property sits on over a half an acre with lots of room to expand even more. The main house also has a full basement with separate entrance that can be turned into a 5th unit to add even more value and cash flow to the property again. This truly is one of the best investments you can add to your portfolio.
- Property Address: 3446 Highway 3, Simcoe, ON, N3Y 4J9
- Property Type: Residential Income
- Zoning Description: A
- Sewage Type: Septic Tank
- Water Type: Sandpoint Well, Well
- Driveway: Private Drive Triple+ Wide, Private Drive Triple+ Wide
- Total Parking Spaces: 9
- Waterfront Type: false
- Maintenance Fee: 0.00
- Storeys: 2
- Bedrooms: 8
- Bathrooms: 5-Total
- Basement Type: Full, Unfinished
- Cooling: None
- Exterior Type: Vinyl Siding
- Foundation Type: Concrete Block
- Appliances Included: Water Heater Owned
- Structures: Multi-4 Unit
- Accessory Apartment
- Ceiling Fan(s)
- In-law Capability
- Separate Heating Controls
- Separate Hydro Meters
- Irregular Lot
- Attached Garage
Listing Office: Re/Max Twin City Realty Inc.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of The Canadian Real Estate Association. REALTOR®, MLS® and the associated logos are trademarks of the Canadian Real Estate Association. This website is operated by a brokerage or salesperson who is a member of The Canadian Real Estate Association and is licensed to trade residential and/or commercialreal estate. Any out of province listing content on this website is not intended to solicit a trade in real estate. Any consumers interested in out of province listings must contact a person who is licensed to trade in real estate in that province. All information displayed on this website is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
The content on this website is protected by copyright and other laws, and is intended solely for the private, non-commercial use by individuals. Any other reproduction, distribution or use of the content, in whole or in part, is specifically prohibited. Prohibited uses include commercial use, "screen scraping", "database scraping", and any other activity intended to collect, store, reorganize or manipulate the content of this website.
REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the professional real estate services provided by members of CREA.
The information contained on this website is based in whole or in part on information that is provided by members of CREA, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members, and assumes no responsibility for its completeness or accuracy.