17-23 Kent Street S Simcoe, Ontario N3Y 2X7
MLS# 40703890 - Buy this house, and I'll buy Yours*

$1,800,000

CALLLING ALL INVESTORS! A rare opportunity as has come to own this giant, income generating building. With a cap rate of over 7% it will sell fast! Add this to your portfolio and settle into an early retirement. Some updates include a new roof (2020), fire alarms (2023), windows (2021, 2025) newly renovated units 19A & 19B. This building consists of 7 one bedroom, 1 bath apartments. Each has a gallery style kitchen that opens to a spacious living room, a large bedroom and bath including a front hall closet. All 7 units are upstairs separated by a beautiful brick hallway. This building also features a separate laundry room with 1 coin operated washer & dryer. (extra income). On the main floor you will find 2 newly renovated, one bedroom apartments with their own ground floor access. Also on ground level is a generous 2000 sq.ft. studio apartment with 20' ceilings and 2 baths, making this the perfect multiuse space. The front of the building has 2 commercial retail spaces, one 500 sq.ft., the other 2500 sq.ft. both with their own bathroom. The basement is unfinished and could also provide potential income. All 12 units are occupied and well maintained. Don't waste time, inquire how this building can kickstart your retirement today! Please refer to alternate MLS 40704040 (id:51158)

Property Details

MLS® Number	40703890
Property Type	Multi-family
Amenities Near By	Hospital, Place Of Worship, Playground, Public Transit, Schools
Community Features	Community Centre, School Bus
Features	Crushed Stone Driveway, Laundry- Coin Operated
Parking Space Total	7

About 17-23 Kent Street S, Simcoe, Ontario

This For sale Property is located at 17-23 Kent Street S Multi-family, in the City of Simcoe. Nearby amenities include - Hospital, Place of Worship, Playground, Public Transit, Schools Multi-family has a total of 9 bedroom(s), and a total of 13 bath(s) . 17-23 Kent Street S has Baseboard heaters, Forced air heating and None. This house features a Fireplace.

The Basement is Unfinished.

This Simcoe's exterior is finished with Brick

The Current price for the property located at 17-23 Kent Street S, Simcoe is $1,800,000 and was listed on MLS on :2025-03-31 20:32:50. The current average price in the city of is $0.00. The lowest price listed on MLS for a listing is $0.00. The highest priced 's in the area is prices at $0.00. The city of has 0 - 's listed on the MLS System.

Building

Bathroom Total	13
Bedrooms Total	9
Basement Development	Unfinished
Basement Type	Full (unfinished)
Cooling Type	None
Exterior Finish	Brick
Fire Protection	Alarm System
Foundation Type	Poured Concrete
Heating Fuel	Natural Gas
Heating Type	Baseboard Heaters, Forced Air
Stories Total	2
Size Interior	12250 Sqft
Utility Water	Municipal Water

Land

Access Type	Road Access
Acreage	No
Land Amenities	Hospital, Place Of Worship, Playground, Public Transit, Schools
Sewer	Municipal Sewage System
Size Frontage	80 Ft
Size Irregular	0.236
Size Total	0.236 Ac|under 1/2 Acre
Size Total Text	0.236 Ac|under 1/2 Acre
Zoning Description	Cg

https://www.realtor.ca/real-estate/27988056/17-23-kent-street-s-simcoe