ANNUAL INCOME OF $74,400. This low maintenance, cash flowing Fourplex located in Simcoe has an impressive cap rate of 8.3%! Offering a 4 unit building situated on a double lot, the building features four spacious units, each with its own hydro meter and currently fully rented to high-quality A+ tenants. The property has undergone extensive renovations and updates, ensuring peace of mind for any investor. Key improvements include a new roof (2020), upgraded electrical (2019), and modern plumbing (2017). Additionally, there's potential for extra income with coin-operated laundry facilities on-site. Located in the heart of Simcoe, this Fourplex is conveniently close to local amenities, including the Norfolk Golf Club and is a quick drive to Port Dover. Don’t miss out on this fantastic investment opportunity—act quickly to secure your future!
For sale
C$779,900
85 Kent St N, Norfolk County, ON N3Y 3S3
6beds
4baths
3,269sqft
Multi-4 Unit, Multi Family
Built in 1887
-- sqft lot
$-- Zestimate®
C$239/sqft
C$-- HOA
What's special
Four spacious units
- 1 day
- on Zillow |
- 3 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: June 17, 2025 at 12:34pm
Listed by:
Minna Nguyen, Salesperson,
ROYAL LEPAGE TRILAND REALTY
Source: ITSO,MLS®#: 40741672Originating MLS®#: Toronto Real Estate Board
Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
Heating
- Baseboard
Cooling
- Wall Unit(s)
Appliances
- Included: Dishwasher, Refrigerator, Stove
- Laundry: Coin Operated, Common Area
Features
- Separate Hydro Meters
- Basement: Partial,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,269
- Total interior livable area: 3,269 sqft
- Finished area above ground: 3,269
Property
Parking
- Total spaces: 6
- Parking features: Outside/Surface/Open
- Uncovered spaces: 6
Features
- Frontage length: 85.62
Lot
- Size: 10,186.21 Square Feet
- Dimensions: 85.62 x 118.97
- Features: Hospital, Park, Schools
Details
- Parcel number: 502250041
- Zoning: CRB
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi-4 Unit, Multi Family
Materials
- Vinyl Siding, Wood Siding
- Foundation: Poured Concrete
- Roof: Asphalt Shing
Condition
- 100+ Years
- New construction: No
- Year built: 1887
Utilities & green energy
- Sewer: Sewer (Municipal)
- Water: Municipal
Community & HOA
Location
- Region: Norfolk County
Financial & listing details
- Price per square foot: C$239/sqft
- Annual tax amount: C$3,800
- Date on market: 6/17/2025
- Inclusions: Other, 4 Stoves, 4 Dishwashers, 4 Fridges, Washer, Dryer
- Exclusions: Tenant's Belongings
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