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Listed price in listed location currency (CAD).
$1,899,900

000

MLS® 40830263

  • Key Facts
  • Description
  • Map

Key Facts

Type Retail
Levels Commercial Sale
Size -
Garage 
Taxes $34,772
Days Active 0
Lot Size 
Approx. Age 
MLS® Number 40830263

Property Address: 28-40 Sydenham Street, Simcoe, ON, N3Y1R7

Average square foot calculated using Size range provided by listing agent.

Description

28-40 Sydenham Street presents a rare opportunity to acquire a fully leased, income-producing commercial asset in the growing Norfolk County market. The property has recently undergone approximately $300, 000 in capital improvements focused on repositioning the building through unit division, upgrades, and lease-up initiatives, resulting in a stabilized multi-tenant investment. The property now generates approximately $135, 000 in net operating income and is being offered at a 7.1% capitalization rate. Tenancies are secured on new 5-year lease terms with built-in rental growth, providing investors with both immediate cash flow and long-term income stability. Strategically located in the heart of Simcoe, the property benefits from strong local exposure, established surrounding amenities, and continued demand for well-located commercial space. An ideal opportunity for investors seeking stable yield with upside through contractual rent increases and long-term market growth.
MLS® Number40830263
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age
BasementPartial
DrivewayAsphalt
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 15, 2026List Date
$1,899,900List Price
  • Commute

Commute

Starting Address
Destination Address
28-40 Sydenham St, Simcoe, ON

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