3232 Simcoe Road
Ramara, ON
- 25,661 sqft
- Commercial Retail
- 100 days on market
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 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!
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Listing Details
- Taxes (2025)
- $5,751
- Originally Listed
- $1,399,000
- Listed
- June 11, 2026
Price History
Listing history
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Property
- Lot Size
- 123 x 211.17 Feet
Parking
- Garage
- Other
Location & Legal
- Cross Street
- Hwy 12
- Zoning
- C2/Village Commercial
- Parcel Number
- 587140251
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Other
Community
Postal area L0K
- Population
- 38,386
- Private dwellings
- 22,207
- Median age
- 50.8
- Average household size
- 2.4
- Median household income
- $88,000
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
Commercial in Ramara · last 12 months
- Median sold price
- $675,000
- Homes sold
- 177
- Median days on market
- 31
- Sale-to-list price
- 94.8%
Based on 177 recorded sales of commercial properties in Ramara over the last 12 months.
Listed by
RE/MAX COUNTRY LAKES REALTY INC.
Walk Score
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Location
Street View
Commercial figures
- Building area
- 25,661 sq ft
- Price per sq ft
- $50.19
- Annual property tax
- $5,751
- Tax per sq ft
- $0.22
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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