39 Kent Street N
Simcoe, Norfolk, N3Y 3S1
$999,999
Listed 4 days ago · MLS® X14088424
About this home
Prime investment opportunity in Simcoe, Norfolk County! Located just a short walk from historic downtown, this 10-unit mixed-use building presents exceptional value-add potential for savvy investors. The property features five fully finished residential suites on the upper level generating immediate cash flow, alongside five street-level commercial spaces designed for high visibility and foot traffic. Capitalize on significant upside by finishing the main floor's commercial units, allowing you to optimize rental income and boost equity. Complete with sub-grade basement areas equipped with washroom facilities for versatile utility or storage, this multi-family asset combines immediate cash flow with strong growth potential in a prime, central location.
Details
- Type
- Investment
- Lot
- 63.03 × ? ft
- Garage
- None
- Property tax
- $15,125 (2025)
- Neighbourhood
- Simcoe
- Municipality
- Norfolk
Heating, cooling and services
- Heating
- Electric Forced Air
- Air conditioning
- Yes
- Utilities
- Available
Building and exterior
- Building area
- 12,100 Square Feet
More
- Possession
- TBD
- Cross street
- Argyle & Hwy 24
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Somewhat walkable
No subway, LRT or GO station within a short trip.
Within a 10-minute walk: 2 grocery stores, 3 cafés and restaurants, 5 parks, 1 pharmacy. Nearest grocery: Food Basics (500 m). Nearest park: Lynnwood Park (200 m).
Schools nearby
Elementary
- École élémentaire catholique Sainte-Marie-Simcoe Catholic · French10 min walk
- Elgin Avenue Public School13 min walk
- St. Joseph's School Catholic
EQAO: Gr 6 reading 68%, math 44%16 min walk - Lynndale Heights Public School
EQAO: Gr 6 reading 72%, math 39%1.5 km
Secondary
- Simcoe Composite School
EQAO: Gr 9 math 62%, literacy test 85%5 min walk - Holy Trinity Catholic High School Catholic
EQAO: Gr 9 math 43%, literacy test 83%1.8 km - Sprucedale Secondary School2.3 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area N3Y
- Owners / renters
- 75% / 25%
- Median household income
- $77,500
- Average age
- 46
- Children under 15
- 15%
- Homes
- 73% detached, 4% high-rise
- Commute by transit
- 0%
- Population
- 23,402
Languages spoken most at home besides English: Portuguese 0.8%, German 0.3%, Tagalog (Pilipino, Filipino) 0.2%, Plautdietsch 0.2%.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).
Living here
Commute
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by KELLER WILLIAMS ADVANTAGE REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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