3232 Simcoe Road, Ramara, ON
Property Highlights
Welcome to this remarkable Other multiplex located in the coveted neighborhood of Brechin. Expertly crafted featuring premium board & batten and shingle construction, this residence presents an exceptional opportunity offered at $1,399,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 6 Bedrooms and 5 Bathrooms with 4 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 122.99 x 212 ft lot
- 13.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, Propane Tank, Water Heater Owned
- equipped with other central cooling and highly efficient baseboard heating via propane
Description
Exceptional Investment Opportunity! Unlock the potential of this income-producing mixed-use property featuring a commercial shop and four residential units. Offering excellent cash flow and long-term growth potential, this property is an ideal addition to any investment portfolio. The property includes approximately 1,600 sq. ft. of commercial space and a beautifully renovated 2-bedroom apartment above the shop. The residential component offers approximately 3,500 sq. ft. of living space across the four units, all well-maintained and updated. Several quality long-term tenants are already in place, providing immediate income and stability. Additional features include a community laundry room, separate heating systems, ample parking, and outdoor storage for added convenience. Whether you're a seasoned investor or looking to expand your real estate holdings, this versatile property offers multiple income streams, strong rental potential, and the opportunity to build equity for years to come. Don't miss this outstanding investment opportunity!
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Property Summary
This multiplex located at 3232 Simcoe Road, Ramara is currently for sale and has been available on SousaSells for 79 days. This property is listed at $1,399,000 with an estimated mortgage of $4,657* per month. It has 6 beds, 5 bathrooms, and is 3000-3500 square feet. 3232 Simcoe Road, Ramara is in the Brechin neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 5 bathrooms, this home offers ample space and comfort for growing families in Brechin, Ramara.
- •6 spacious bedroom layout offering versatile living space
- •5 well-appointed bathrooms
- •3000-3500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Brechin, Ramara.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Lake/Pond
- Library
- Marina
- Park
- School Bus Route
Interior Features
- Carpet Free
- Propane Tank
- Water Heater Owned
- Sump Pump
Security Features
- Carbon Monoxide Detectors
- Smoke Detector
Community Features
None listed
Frequently Asked Questions about 3232 Simcoe Road, Ramara, ON
Q.What is the asking price for 3232 Simcoe Road, Ramara, ON ?
The current listing price for 3232 Simcoe Road, Ramara, ON in Brechin, Ramara is $1,399,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 6 bedrooms and 5 bathrooms across approximately 3000-3500 sqft.
Q.What property type and architectural style is 3232 Simcoe Road, Ramara, ON ?
3232 Simcoe Road, Ramara, ON is a Multiplex (Other) featuring a None basement.
Q.What key property features does 3232 Simcoe Road, Ramara, ON offer?
Key property features include: Lake/Pond, Library, Marina, Park, School Bus Route.
Q.What interior features are included in this home?
Interior highlights include: Carpet Free, Propane Tank, Water Heater Owned, Sump Pump.
Q.What security features are installed at 3232 Simcoe Road, Ramara, ON ?
Security features include: Carbon Monoxide Detectors, Smoke Detector.
Q.Is parking available at this property?
Yes, this property offers parking space for 13.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Propane and cooling via Other.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Brechin, Ramara
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3232 Simcoe Road, Ramara, ON L0K 1B0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Ramara, ON
For a property listed at $1,399,000 in Ramara, the legal minimum down payment is $279,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $24,455 for this transaction. As this listing is in Ramara (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $24,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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