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49 KENT Street

49 KENT Street

Simcoe, Ontario

  • 10,000 sqft
  • Other
$1,875,000

A Great cash flowing property in a prime downtown location in Simcoe making it a perfect addition to any investor's portfolio. This Property consists of 4 Commercial and 6 Residential units on second floor. Residential Units vary in size, as Unit 1 has four bedrooms, Unit 2 and 5 have two bedrooms, and Units 3,4 and 6 are one bedroom/bachelors. All units feature a Full Kitchen & Bathroom. Commercial units are fully rented with top notch finishes. Other upgrades include; New Luxury vinyl Flooring, New Additional Gas Furnace . New Bathroom plumbing, toilet and sink. Unit 2 ( 2 bedroom apt) has New Windows. Drywall, New Carpet; the list goes on and on. Highly Profitable and easy to Manage. Great cash flowing building in prime downtown location across from Simcoe's Top health and fitness centre & Salon. Fully tenanted. Commercial units all fully renovated. Massive front courtyard could be a great food truck location. Highly profitable and easy to manage with a cap rate of 7.8%

Price History

Schools

Secondary

  • Simcoe Composite School0.4 km

    Public · Grand Erie DSB · 725 students

    Grade 10 literacy: 85% met the provincial standard

  • Holy Trinity Catholic High School1.6 km

    Catholic · Brant Haldimand Norfolk CDSB · 980 students

    Grade 10 literacy: 83% met the provincial standard

Elementary

  • ÉÉC Sainte-Marie-Simcoe0.6 km

    French Catholic · CS catholique MonAvenir · 80 students

  • Elgin Avenue Public School0.7 km

    Public · Grand Erie DSB

  • St. Joseph's School1 km

    Catholic · Brant Haldimand Norfolk CDSB · 605 students

    Grade 3 reading: 80% met the provincial standard · Grade 6 math: 44% met the provincial standard

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.

Community

Postal area N3Y

Population
23,402
Private dwellings
10,382
Median age
49.2
Average household size
2.3
Median household income
$77,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Other in Simcoe · last 12 months

Median sold price
$0
Homes sold
0
Median days on market
0
Sale-to-list price
0.0%

Based on 0 recorded sales of other properties in Simcoe over the last 12 months.

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$375,000

Estimated Monthly Payment

$9,211

Land transfer tax

Estimated land transfer tax$33,975

Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.

Investment Analysis

No recent nearby lease data. Enter a rent to see the numbers.

Mortgage: $9,211/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $469/mo

Estimates only. Consult a financial advisor.

R

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