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About the Listing HBBLAIRBLA - HBMEKLIAD,HBIONICAD
28-40 Sydenham Street presents a rare opportunity to acquire a fully leased, income-producing commercial asset in the growing Norfolk County market. The property has recently undergone approximately $300,000 in capital improvements focused on repositioning the building through unit division, upgrades, and lease-up initiatives, resulting in a stabilized multi-tenant investment. The property now generates approximately $135,000 in net operating income and is being offered at a 7.1% capitalization rate. Tenancies are secured on new 5-year lease terms with built-in rental growth, providing investors with both immediate cash flow and long-term income stability. Strategically located in the heart of Simcoe, the property benefits from strong local exposure, established surrounding amenities, and continued demand for well-located commercial space. An ideal opportunity for investors seeking stable yield with upside through contractual rent increases and long-term market growth.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partial
- Other:
- Water: Municipal
Exterior Details
- Lot Description: City Lot
- Garage Capacity: N/A
- Lot Dimensions: 178 x
- Zoning: CG
- Roof:
- Others:
- Sewer: Sewer (Municipal)
- Parking Features: Asphalt
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 502350126
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Questions About..
28-40 Sydenham St Simcoe, ON N3Y 1R7
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