32 Talbot Street S, Simcoe

32 Talbot Street S, Simcoe, ON N3Y2Z2 Photo 1

41 Photos

32 Talbot Street S, Simcoe, ON N3Y2Z2 Photo 2
32 Talbot Street S, Simcoe, ON N3Y2Z2 Photo 3
32 Talbot Street S, Simcoe, ON N3Y2Z2 Photo 4
32 Talbot Street S, Simcoe, ON N3Y2Z2 Photo 5
32 Talbot Street S, Simcoe, ON N3Y2Z2 Photo 6
32 Talbot Street S, Simcoe, ON N3Y2Z2 Photo 7
  • Bedrooms: 6
  • Bathrooms: 4
  • Living area: 3700 sqft
  • MLS®: 40560094
  • Added: 36 days ago

Property Details

Welcome to this fantastic investment opportunity in Simcoe, ON with close proximity to grocery stores and amenities! This 4plex offers a mix of units including one spacious 3-bedroom and three cozy 1-bedroom units. Boasting strong rental income and low expenses, this property is listed at a 7.2 cap, making it a lucrative investment. Each unit has been thoughtfully renovated over the last couple years, featuring updated electrical, plumbing, new appliances, and all new finishes. The property offers separate gas, hydro, and water meters - keeping the expenses low for the new owner. Additional features include a durable metal roof and ample parking with space for five vehicles. The current tenants are reliable, making this a hassle-free investment opportunity. Don't miss out on the chance to own this well-maintained and income-generating property in Simcoe! (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Cooling: Central air conditioning, Ductless
  • Heating: Heat Pump, Forced air, Natural gas
  • List AOR: London and St. Thomas
  • Stories: 2
  • Basement: Unfinished, Full
  • Year Built: 1860
  • Directions: CORNER OF TALBOT STREET SOUTH & WEST ST
  • Living Area: 3700
  • Photos Count: 41
  • Water Source: Municipal water
  • Parking Total: 5
  • Bedrooms Total: 6
  • Structure Type: Fourplex
  • Common Interest: Freehold
  • Street Dir Suffix: South
  • Subdivision Name: Town of Simcoe
  • Tax Annual Amount: 3234
  • Exterior Features: Vinyl siding
  • Foundation Details: Block
  • Zoning Description: R3
  • Number Of Units Total: 4
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Nearby Places

Name Type Address Distance
Food Basics Grocery or supermarket 150 West St 0.1 km
Talbot Gardens A professional hockey team, the Norfolk IceCats, o... 0.1 km
Talbot Gardens Arena Stadium 10 Talbot St N 0.2 km
Serafina Good Food Restaurant 14 Norfolk St S 0.4 km
Simcoe Natural Foods Health 10 Norfolk St S 0.4 km
Blue Elephant Bar 96 Norfolk St S 0.4 km
Norfolk General Hospital Hospital 365 West St 0.5 km
Norfolk General Hospital It became an official teaching site for McMaster U... 0.5 km
Tim Hortons Cafe 30 Water St 0.5 km
Norfolk Arts Centre Art gallery 21 Lynnwood Ave 0.5 km
Norfolk County Fair and Horse Show The official organizers for this annual event are ... 0.6 km
Norfolk County Fairgrounds Establishment 172 South Dr 0.6 km
32 Talbot Street S mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 32 Talbot Street S. The current price of the property is $875,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $700,000. This would result in a monthly mortgage payment of $4,092 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 15
College 50
Degree in medicine 10
University degree at bachelor level or above 25

Neighbourhood Marital Status Stat

Married 165
Widowed 30
Divorced 35
Separated 15
Never married 120
Living common law 50
Married or living common law 215
Not married and not living common law 195

Neighbourhood Construction Date

1961 to 1980 30
1991 to 2000 15
2006 to 2010 10
1960 or before 180
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