172 Queen St S

172 Queen St S
172 Queen St S
172 Queen St S
+32
6
 bed
3
 bath
3
 parking
700 - 1100
 sqft
For Sale
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98 days
 on site
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$949,900
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Size
-
Lot size
483.1 sqm
Street frontage
E
Possession
Immediate
Price per sqm
$9,313 - $14,614
Taxes
-
Parking Type
-
Style
Other
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Description
Attention investors!! Check out this amazing opportunity - introducing the first of its kind in Norfolk County - the Trifecta, a built for purpose 3 unit, 2 building property. This Property has been built ground up in 2023 with no gas, separate hydro meters, separate water supplies (can be monitored), and built with a high efficiency design which limits maintenance and expenses! This property has been meticulously thought out and each unit offers 2 bedrooms, 1 bath, in suite laundry, gorgeous finishes and one dedicated parking spot. With increasing population and a lack of rental units in Norfolk County, these Trifectas earn high rents with minimal risk of vacancy. You are guaranteed to come out on top with this 6.71% cap rate new construction income property. Upper unit will be vacant as of April 1st.

EXTRAS:
Broker: REVEL REALTY INC.
MLS®#: X8014182
Property details
Parking:
3
Parking type:
-
Property type:
Triplex
Heating type:
Heat Pump
Style:
Other
MLS Size:
65-102 sqm
Lot front:
12.19 M
Lot depth:
39.62 M
Listed on:
Jan 22, 2024
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Rooms
LevelNameSizeFeatures
Flat
Other
0.0 x 0.0 m
Bram Sandow
Sales Representative
Property.ca Inc., Brokerage
© Property.ca Inc., Brokerage
MLS#: X8014182
Listed by REVEL REALTY INC.

About 172 Queen St S

Located at 172 Queen St S, this Simcoe triplex is available for sale. It has been listed at $949900 since January 2024. This triplex has 6 beds, 3 bathrooms and is 700-1100 sqft.

Nearby restaurants are few and far between. If you love coffee, you're not too far from Tim Hortons located at 480 Norfolk Street. For groceries there is Mike's No Frills which is a 10-minute drive.

Getting around the area will require a vehicle, as there are no nearby transit stops.