$799,000
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3446 HIGHWAY 3, Simcoe, ON N3Y4J9

4 Beds
3 Baths
4,002 Sq Ft

Uncover a unique investment opportunity with this property, featuring a single-family home & a triplex. This rare find offers a CAP rate of over 6%, presenting a myriad of possibilities.Consider moving into the spacious main house & let the income from the triplex cover your mortgage. The main house offers over 2000 square feet of living space, including 4 beds and 2 full baths. It also features an unfinished basement with a separate entrance, providing the potential to create an additional unit for increased property value & cash flow.The triplex comprises three units: one 2-bed unit and two 1-bed units, each with a full bathroom. The main level 1-bedroom unit has been fully renovated.The property, sitting on over half an acre of land, offers room for expansion & potential for future developments. The property also includes an attached garage that could potentially be rented out, three sheds currently used by the tenants, & a fire pit., Sandpoint well.Located in Simcoe, known for its safety & lower cost of living, this property is just 15 mins from Lake Erie & its beaches, offering a serene environment & recreational opportunities. Enjoy local events & festivals, craft breweries, & the Norfolk Golf and Country Club for socializing and leisure. With direct access to Highway 3, major cities are within easy reach. 15 mins to Port Dover. 60 mins to Hamilon. Toronto & Niagara Falls within 1.5 hr drive away, perfect for weekend getaways.This is an investment opportunity you wouldn't want to miss! **vendor take back mortgage(VTB) available** (id:55598)

  • MLS® 40574743
  • Date Listed04/19/2024
  • Days on Realty 76 Days
  • Bedrooms 4
  • Bathrooms 1 Half baths
  • Lot Size -
  • Sewer Septic Tank
  • Property Type Single Family Residence
  • Water Other
  • Square Feet 4,002 sq. ft
  • Price Per Sq. Ft $199.65

Interior Features

  • Cooling None
  • Heating Forced Air, Natural Gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Walkability in ON / N3Y4J9

Source: Walkscore

0/100

Car-Dependent

Walk Score ®

0/100

Minimal Transit

Transit Score ®

22/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 26/100.

Points of interest near 3446 HIGHWAY 3, Simcoe, ON N3Y4J9

Frequently Asked Questions for 3446 HIGHWAY 3

Source: Realty.com

3446 HIGHWAY 3, Simcoe, ON N3Y4J9 is a Single Family Residence, Residential property listed for $799,000 The property is 4002 sq. ft with 4 bedrooms and 3 bathrooms

Realty.com has 45 photos of 3446 HIGHWAY 3.

The full address for this home is 3446 HIGHWAY 3, Simcoe, ON N3Y4J9.

3446 HIGHWAY 3 has been listed on Realty.com since Fri April 19, 2024

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 8/100, Transit Score: 0/100, Bike Score: 26/100.

Listing provided courtesy of: EXP REALTY OF CANADA INC (tel: (866) 530-7737)
Listing agent: Tasha Murugathasan (tel: (647) 847-6183)

This content last refreshed on 2024-07-04 20:39:56. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 3446 HIGHWAY 3, Simcoe, ON N3Y4J9 : MLS® 40574743