Overview

Property ID: 40531649
  • Multi-3 Unit
  • Property Type
  • 6
  • Bedrooms
  • 3
  • Bathrooms
  • 1023
  • Sq Ft

Description

Attention investors!! Check out this amazing opportunity – introducing the first of its kind in Norfolk County – the Trifecta, a built for purpose 3 unit, 2 building property. This Property has been built ground up in 2023 with no gas, separate hydro meters, separate water supplies (can be monitored), and built with a high efficiency design which limits maintenance and expenses! This property has been meticulously thought out and each unit offers 2 bedrooms, 1 bath, in suite laundry, gorgeous finishes and one dedicated parking spot.
With increasing population and a lack of rental units in Norfolk County, these Trifecta’s earn high rents with minimal risk of vacancy. You are guaranteed to come out on top with this 6.71% cap rate new construction income property.

  • Address Queen
  • City Simcoe
  • State/county Norfolk
  • Zip/Postal Code N3Y 3C6

Details

Updated on January 25, 2024 at 6:11 pm
  • Property ID: 40531649
  • Price: $1,049,000
  • Property Size: 1023 Sq Ft
  • Bedrooms: 6
  • Bathrooms: 3
  • Property Type: Multi-3 Unit
  • Property Status: Residential Income

Additional details

  • LaundryFeatures: In-Suite
  • PhotosCount: 35
  • ITSO_LicensedDwellingYN: 1
  • Cooling: Other
  • ITSO_NumberOfBachelorUnits: 0
  • ITSO_CoListAgent2Designation: Salesperson
  • AboveGradeFinishedArea: 1023
  • ITSO_SurveyType: Available
  • ListingKeyNumeric: 146474961
  • MajorChangeType: New Listing
  • MLSAreaMajor: Town of Simcoe
  • TaxAnnualAmount: 0
  • ITSO_NumberOfStudioUnits: 0
  • OriginatingSystemName: Brantford
  • MlsStatus: Active
  • ITSO_AgePlumbing: 2023
  • StreetNumber: 172
  • ListingKey: 2558763687a9d000df1266484b1ea434
  • ITSO_NumberOfEfficiencyUnits: 0
  • StreetDirSuffix: S
  • ITSO_StreetViewParam: 1$42.83235649$-80.31047438$250.30$13.33$1.00$F1WKaUNTznmhceTbHfJ9vQ
  • Directions: Turn right onto Queensway West/ON-3 W, Turn left onto Queen St N
  • Roof: Asphalt Shing
  • ParkingTotal: 3
  • ITSO_NumberOfOtherUnits: 0
  • ITSO_AgeTank: 2023
  • InternetAddressDisplayYN: 1
  • LotSizeSource: MPAC
  • WaterSource: Municipal
  • StoriesTotal: 1
  • Heating: Heat Pump
  • ITSO_AcresRange: < 0.5
  • BuildingAreaUnits: Square Feet
  • InternetEntireListingDisplayYN: 1
  • InternetAutomatedValuationDisplayYN: 1
  • ITSO_NumberOfLoftUnits: 0
  • ITSO_OfferInstructions: Please include Schedule B. We REQUEST a form 801 with your offer for organization.
  • ITSO_NumberOfPenthouseUnits: 0
  • ConstructionMaterials: Vinyl Siding
  • InternetConsumerCommentYN: 1
  • BuildingAreaTotal: 1023
  • CoListAgentDesignation: Salesperson
  • ITSO_KitchensTotal: 0
  • ITSO_CoListAgent3Designation: Salesperson
  • MajorChangeTimestamp: 2024-01-22T14:17:41.710Z
  • ITSO_NumberOfApartmentUnits: 0
  • ITSO_TransactionType: Sale
  • ListingContractDate: 2024-01-22
  • MLSAreaMinor: Town of Simcoe
  • FarmLandAreaUnits: Square Feet
  • Zoning: R2
  • ITSO_StatusContractualSearchDate: 2024-01-22
  • Basement: Full,Finished
  • ITSO_HSTApplicableToSalePrice: Included
  • PhotosChangeTimestamp: 2024-01-22T14:19:24.368Z
  • AssociationFee2Frequency: Monthly
  • StateOrProvince: ON
  • AboveGradeFinishedAreaUnits: Square Feet
  • FrontageLength: 40.00
  • BridgeModificationTimestamp: 2024-01-22T15:35:34.661Z
  • PropertyCondition: New
  • FrontageType: East
  • ParcelNumber: 502170273
  • ITSO_LotDepth: 130
  • FoundationDetails: Poured Concrete
  • ITSO_CurrentPrice: 1049000
  • ITSO_DrivewayParking: Private Drive Single Wide
  • StreetSuffix: Street
  • LotSizeDimensions: 130 x 40
  • ModificationTimestamp: 2024-01-22T15:31:30.667Z
  • ITSO_CommonInterest: Freehold/None
  • Inclusions: Other,All Appliances Are Included - 3 Fridges, 3 Stoves, 3 Washers, 3 Dryers
  • BelowGradeFinishedAreaUnits: Square Feet
  • Sewer: Sewer (Municipal)
  • ITSO_HoldoverDays: 60
  • NumberOfBuildings: 0
  • ITSO_RATIO_CurrentPrice_By_AboveGradeFinishedArea: 1025.41544
  • ITSO_AdditionalImagesURL: https://teamkate.ca/listing/172-queen-street-s
  • LotFeatures: City Lot,Hospital,Park,Schools
  • NumberOfUnitsTotal: 3
  • ITSO_AgeElectric: 2023
  • OpenParkingSpaces: 3
  • FeedTypes: IDX

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