$649,900
Available - For Sale
Listing ID: S13572748
179 John Street , Tay, L0K 2A0, Simcoe


Top 5 Reasons You Will Love This Home: 1) Legal triplex recently renovated and ready as a completely turn-key investment with no upfront work required 2) Stable, dependable tenants in place with current market rents, delivering high income 3) Flexible commercial/residential zoning on the ground-level unit paired with strong in-place rental income and an excellent cap rate creates a rare and compelling investment opportunity 4) Ideally located in a highly walkable area, directly across from the LCBO, grocery store, public sand beach with public fishing permitted from the docks, and park, and just a short walk to schools and daily amenities, with easy access to Midland, Highway 400, Barrie, and Orillia 5) Recent improvements enhance value and peace of mind, including a brand-new furnace installed in 2025, while 2 of the 3 units have been completely renovated. 1,997 above grade sq.ft. plus an unfinished basement.
Price $649,900
Taxes: $2618.00
Occupancy: Tenant
Address: 179 John Street , Tay, L0K 2A0, Simcoe
Acreage: < .50
Directions/Cross Streets: Albert St/John St
Rooms: 11
Bedrooms: 5
Bedrooms +: 0
Family Room: F
Basement: Finished, Full
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Washroom Type 2 3 Second
Washroom Type 3 3 Lower
Washroom Type 4 0
Washroom Type 5 0
Total Area: 0.00
Approximatly Age: 51-99
Property Type: Triplex
Style: 2-Storey
Exterior: Vinyl Siding
Garage Type: None
(Parking/)Drive: Private Do
Drive Parking Spaces: 7
Park #1
Parking Type: Private Do
Park #2
Parking Type: Private Do
Pool: None
Approximatly Age: 51-99
Approximatly Square Footage: 1500-2000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Forced Air
Central Air Conditioning: Central Air
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Sewers: Sewer
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
FARIS TEAM REAL ESTATE BROKERAGE
Personal Picture
Arthur Sercan & Jenny Spanos
Sales Representative
Dir:
416-723-4688
Bus:
416-445-8855
 
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At a Glance:
Type: Freehold - Triplex
Area: Simcoe
Municipality: Tay
Neighbourhood: Victoria Harbour
Style: 2-Storey
Lot Size: x 114.00(Feet)
Approximate Age: 51-99
Tax: $2,618
Maintenance Fee: $0
Beds: 5
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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