3232 Simcoe Road, Ramara, ON L0K 1B0
Brechin · L0K 1B0
$1,288,000
$50 / sq ft4 months on market
- Total area
- 25,661.14 sf
- Lot
- 123 × 211.17 ft
What's special
- Yes
About this property
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!
Property details
Property
- Property type
- retail
- Interior size
- 25,661.14 sq ft
- Lot size
- 123 × 211.17 ft
- Zoning
- C2/Village Commercial
- Possession
- TBA
Interior
- Heating
- Baseboard
- Cooling
- Yes
Exterior & services
- Garage
- Other
Costs
- List price
- $1,288,000
- Property taxes
- $5,751 / year (2025)
- Price per sq ft
- $50
Listing
- MLS® number
- S13432348
- Status
- For sale
- Listed
- June 11, 2026
- Days on market
- 146
- Last updated
- November 4, 2026
- Listing brokerage
- RE/MAX COUNTRY LAKES REALTY INC.
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
Mortgage estimate
- Principal & interest
- $6,547.65
- Property tax (est.)
- $479.25
- Estimated monthly
- $7,027
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $22,235
- Total due on closing
- $22,235
An estimate on the asking price of $1,288,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX COUNTRY LAKES REALTY INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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