Gurvinder Nokwal REALTOR®
For Sale Multiplex 129 days on market

$1,288,000 ↓ $111,000 from $1,399,000

Est. payment $5,703/moCalculate yours

3232 Simcoe Road, Ramara, ON L0K 1B0

Brechin, Ramara, ON L0K 1B0

  • 5 + 1 Beds
  • 5 Baths
  • 3 Garage
  • 3,000 Sq Ft

Listing courtesy of RE/MAX COUNTRY LAKES REALTY INC. MLS® S13432364

About this home

Exceptional Investment Opportunity! Unlock the potential of this income-producing mixed-use property featuring a commercial shop and four residential units. Offering excellent cash flow and long-term growth potential, this property is an ideal addition to any investment portfolio. The property includes approximately 1,600 sq. ft. of commercial space and a beautifully renovated 2-bedroom apartment above the shop. The residential component offers approximately 3,500 sq. ft. of living space across the four units, all well-maintained and updated. Several quality long-term tenants are already in place, providing immediate income and stability. Additional features include a community laundry room, separate heating systems, ample parking, and outdoor storage for added convenience. Whether you’re a seasoned investor or looking to expand your real estate holdings, this versatile property offers multiple income streams, strong rental potential, and the opportunity to build equity for years to come. Don’t miss this outstanding investment opportunity!

Property details

Overview

Property Type
Multiplex
Style
Other
For
For Sale
Status
Price Change
Size
3,000 sqft

Interior

Bedrooms
5 + 1
Bathrooms
5
Kitchens
4
Basement
None

Building & Systems

Heating
Baseboard (Propane)
Cooling
Other
Exterior
Board & Batten , Shingle
Foundation
Poured Concrete, Slab
Roof
Asphalt Shingle
Water
Municipal
Sewer
Sewer

Lot & Parking

Lot Size
122.99 x 212 Feet
Parking
Detached garage · 13 total

Financial

Property Taxes
$6,781 (2026)

Location

Neighbourhood
Brechin
Cross Street
Hwy 12/Simcoe Rd
Direction Faces
South

Listing

MLS® Number
S13432364
Days on Market
129
Listed On
2026-06-11
Possession
TBA
Listed By
RE/MAX COUNTRY LAKES REALTY INC.

Features

Interior

  • Carpet Free
  • Propane Tank
  • Water Heater Owned
  • Sump Pump

Property

  • Lake/Pond
  • Library
  • Marina
  • Park
  • School Bus Route

Pool

  • None

Mortgage calculator

Minimum for this price: $103,800 (8.06%)

Amortization, years

Estimated mortgage payment

$5,703 per month

Principal and interest
$5,703
Property tax
$565
Estimated monthly cost
$6,268

Your mortgage

Mortgage amount
$1,030,400
Mortgage insurance
Not needed
Interest over 25 years
$680,496

Cash to close

Down payment
$257,600
Land transfer tax
$22,235
Total, before legal fees
$279,835
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

3232 Simcoe Road, Ramara, ON L0K 1B0 Brechin, Ramara, ON L0K 1B0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,288,000 3232 Simcoe Road, Ramara, ON L0K 1B0
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