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$649,900
Available - For Sale
Listing ID: S13572748
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: $2,618
Occupancy by: Tenant
Address: 179 John Street , Tay, L0K 2A0, Simcoe
Acreage: < .50
Directions/Cross Streets: Albert St/John St
Rooms: 11
Bedrooms: 5
Bedrooms +: 0
Washrooms: 3
Family Room: F
Basement: Finished
Full
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  3 Second
Washroom 3:  3 Lower
Washroom 4:  0
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  3 Second
Washroom 8:  3 Lower
Washroom 9:  0
Washroom 10:  0
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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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
FARIS TEAM REAL ESTATE BROKERAGE

179 John Street , Tay, L0K 2A0, Simcoe

Personal Picture
Arash Salehrad
Broker
Dir:
(647)402-5949
Bus:
(905)508-9500
Fax:
(905)773-3861

 
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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
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Personal Pic Arash Salehrad Broker pic arashsalehrad@gmail.com RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. pic 13321 Yonge St., Unit 203, Richmond Hill, Ontario L4E 3L3 pic Office: (905)508-9500 | Fax: (905)773-3861 | Cell: (647)402-5949