29 Simcoe Plaza F N/A
Terrace Bay, ON P0T 2W0
About This Property
Exceptional commercial investment with a reliable, government-backed tenant Canada Post Corporation. This well-maintained property offers stable long-term income and steady cash flow. Ideal for investors seeking a secure, recession-resistant asset. Located in a high-traffic area with strong community presence. Triple-net lease in place with solid returns and minimal management required. This income generating cash cow has 5 units with solar income. This income-generating asset offers diversified revenue streams with reliable rent roll and additional solar panel income. Well-maintained building in a prime, high-visibility location. potential to increase income. Vacant office and storage units in the basement. Enjoy consistent cash flow from long-term leases and renewable energy returns.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12754278
Listed by ROYAL LEPAGE CERTIFIED REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$3,662
/month · $599,920 mortgage
Amortization
Total Interest
$498,638
Total Cost
$1,098,558
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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ROYAL LEPAGE CERTIFIED REALTY