Listed for:Listed Jun 11, 2026
$1,288,000

3232 Simcoe Road

Ramara (Brechin), ON L0K 1B0

Multiplex For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 3232 Simcoe Road, Ramara, Brechin

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 3232 Simcoe Road, Ramara, Brechin

Summarized Description

  • Mixed-use property with commercial and residential components
  • Renovated 2-bedroom apartment above the shop
  • Four well-maintained residential units available
  • Strong cash flow and rental potential
  • Quality long-term tenants already in place
  • Ample parking and outdoor storage included
  • Ideal for seasoned investors or newcomers

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!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$6,781
Land Transfer Tax Fee
$22,235

Basement Type
None

Interior Features

Interior Extras
Carpet Free, Propane Tank, Water Heater Owned, Sump Pump
Security Features
Carbon Monoxide Detectors, Smoke Detector
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Lake/Pond, Library, Marina, Park, School Bus Route

Building

Building Type
Multiplex
Building Style
Other

Construction

Exterior Finish
Board & Batten , Shingle
Roof
Asphalt Shingle
Foundation Details
Poured Concrete, Slab
Special Designation
Unknown

Lot

Lot Front
122.99 ft
Lot Depth
212.00 ft

Parking & Garages

Garage Type
Detached
Garage Spaces
3
Parking Spaces
10
Total Garage And Parking Spaces
13

Heating & Cooling

Heat Source
Propane
Heat Type
Baseboard
Air Conditioning
Other
Water
Municipal
Sewers
Sewer
Natural Gas
No
Hydro
Yes
Telephone
Available

Bedrooms
5 + 1
Washrooms
5
Kitchens
4

Room sizes

  • Room—
  • Room—
  • Room—
  • Room—
  • Room—
  • Room—
  • Room—

Washrooms

  • 2-piece, Ground
  • 4-piece, Upper
  • 4-piece, Upper
  • 4-piece, Upper
  • 4-piece, Main

Municipality
Ramara
Neighbourhood
Brechin
Main cross streets
Hwy 12/Simcoe Rd
Directions
Hwy 12 / Simcoe Rd
Waterfront
None

MLS® number
S13432364
Data source
Toronto Regional Real Estate Board
Listed on
2026-06-11
Updated on
2026-09-24
Days on market
127 days
Possession type
Flexible
Co-op commission
2.5% + HST
Seller
Listed by
RE/MAX COUNTRY LAKES REALTY INC.

Home Market Value

Current home valuation for 3232 Simcoe Road, Ramara, Brechin, Ramara, ON. Listed for $1,288,000

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 3232 Simcoe Road, Ramara, Brechin

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Ramara, ON
Minimum Down Payment Required:8.1%

5% on first $500K + 10% on $788,000 over $500K

Minimum down payment

$103,800

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$47,347$35,935$30,654$0
=Total mortgage
$1,231,019$1,195,135$1,125,454$1,030,400
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,010monthly$5,835monthly$5,495monthly$5,031monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$22,235

Total Land Transfer Tax

$22,235

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