Excellent Investment Property. Annual income potential $130,000. Three Commercial Units On Main plus Two Residential 2 Bedroom Units On Upper Floor (Stores connect to apartments above for perfect live above work opportunity). Tenants Pay TMI and Utilities, Ample Parking for 15 vehicles, Access from busy Penetanguishene Road and also From Martin Street. Roof Updated Approximately 10 Years Ago, Some Windows Replaced, Kitchen upgraded, Furnace Replaced In 2018 (Rental). Large backyard with BBQ and picnic table and space can be fenced. Room to build a shed. Building Approximately 4,600 Square Feet. Conveniently located 2 minutes drive from Highway 400 and exit 121. Minutes to Horseshoe Value, Mount St Louis Moonstone Resort, and other ski resorts. A short drive to Awenda, Muskoka, Orr Lake, Georgian Bay Islands, Balm Beach, Midland, Penetanguishene, Innisfil, Barrie, Elmvale, Orillia, Wasaga, Lake Simcoe, 1-hr from Toronto, and more. Currently 2/3 commercial units are leased and both apartments are leased. Total 5 units in the building (3 commercial plus 2 apartments above). Building appraised for 1.2 million in December 2025.
Property Type:
Commercial
Property Sub Type:
Commercial Retail
Freestanding:
Yes
Total Area:
4600 sq. ft. Square Feet
Total Area:
4,600 sq. ft.427 m2
Retail Area:
2300 sq. ft. Sq Ft
Office/Apt Area:
2300 sq. ft. Sq Ft
Lot Depth:
164'8"50.2 m
Lot Frontage:
66'20.1 m
Lot Details:
66.00 x 164.70 Feet
Water supply:
Municipal
Rooms:
0
Zoning:
General Commercial (Cg)
Heating type:
Gas Forced Air Open
Cooling:
No
Garage:
None
Parking Spaces:
16
Trailer Parking Spots:
3
Possession Details:
Flexible
HST Applicable To Sale Price:
In Addition To
Type Taxes:
TMI
Taxes:
$5,062 /
2025
Assessment:
$- /
-
Simcoe
Springwater
Hillsdale
No
Furnace and air conditioner
All equipment, appliances, light fixtures, office desk, couch.
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