$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
Estimated mortgage payment
$5,703 per month
- Principal and interest
- $5,703
- Property tax
- $565
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $279,835
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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