3232 Simcoe Road
Ramara, ON
- 6 bed
- 5 bath
- approx. 3000-3500 sqft
- Multiplex
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!
Virtual Tour
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Listing Details
- Taxes (2026)
- $6,781
- Originally Listed
- $1,399,000
- Listed
- June 11, 2026
Price History
Listing history
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Property
- Style
- Other
- Construction
- Board & Batten, Shingle
- Roof
- Asphalt Shingle
- Foundation
- Poured Concrete, Slab
- Interior
- Carpet Free, Propane Tank, Water Heater Owned, Sump Pump
- Lot Size
- 122.99 x 212 Feet
Parking
- Garage
- Detached
- Covered Spaces
- 3
- Total Parking
- 13
Utilities
- Sewer
- Sewer
- Heat Source
- Propane
Location & Legal
- Cross Street
- Hwy 12/Simcoe Rd
- Parcel Number
- 587140251
- Possession
- Flexible
- Occupancy
- Partial
Schools
Elementary
- Brechin Public School1.9 km
Public · Simcoe County DSB · 180 students
Grade 3 reading: 71% met the provincial standard · Grade 6 math: 60% met the provincial standard
- Foley Catholic School2.5 km
Catholic · Simcoe Muskoka CDSB · 60 students
Grade 6 math: 10% 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 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
Residential Freehold in Ramara · last 12 months
- Median sold price
- $675,000
- Homes sold
- 173
- Median days on market
- 31
- Sale-to-list price
- 94.7%
Based on 173 recorded sales of residential freehold properties in Ramara over the last 12 months.
Listed by
RE/MAX COUNTRY LAKES REALTY INC.
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Location
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Mortgage Calculator
$257,600
Estimated Monthly Payment
$6,328
Land transfer tax
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
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Mortgage: $6,328/mo (20% down, 5.5%)
Taxes: $565/mo · Insurance: $322/mo
Estimates only. Consult a financial advisor.
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