3232 Simcoe Road, Ramara, ON L0K 1B0
Brechin, Ramara · Near Hwy 12/Simcoe Rd · View map
About this home
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!
The home
- Type
- Multiplex
- Style
- Other
- Square footage
- 3000-3500 sq ft
- Bedrooms
- 5
- Basement bedrooms
- 1
- Bathrooms
- 5
- Kitchens
- 4
- Rooms
- 20
- Basement
- None
- Lot size
- 123 x 212 ft
- Faces
- South
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Carbon Monoxide Detectors, Smoke Detector
- Exterior
- Board & Batten, Shingle
Heating & cooling
- Heating fuel
- Propane
- Heating type
- Baseboard
- Fireplace
- No
Garage & parking
- Garage
- Detached
- Garage spaces
- 3
- Driveway spaces
- 10
- Total parking
- 13
- Parking features
- Private
Taxes & other
- Property taxes
- $6,781/yr
- Tax year
- 2026
- Occupancy
- Partial
- Possession
- TBA
- Cross street
- Hwy 12/Simcoe Rd
- Neighbourhood
- Brechin
More
- Price per sq ft
- ~$396 (at 3,250 sq ft)
- MLS® number
- S13432364
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The home and its surroundings
- Carpet Free
- Propane Tank
- Water Heater Owned
- Sump Pump
- Lake/Pond
- Library
- Marina
- Park
- School Bus Route
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
3232 Simcoe Road, Ramara, ON L0K 1B0
Brechin, Ramara · Near Hwy 12/Simcoe Rd
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Listing history for 3232 Simcoe Road
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 3232 Simcoe Road
Answers come straight from this home’s MLS® listing.
How much is 3232 Simcoe Road listed for, and what would it cost each month?
3232 Simcoe Road is listed for $1,288,000. With 20% down ($257,600), the mortgage payment would be roughly $5,195 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $5,761 a month, all in. That figure is an illustration, not a quote.
Is 3232 Simcoe Road freehold or a condo, and is there a monthly fee?
3232 Simcoe Road is a multiplex in Brechin, Ramara. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 3232 Simcoe Road have?
3232 Simcoe Road has 5 bedrooms, plus 1 more bedroom in the basement, and 5 bathrooms. The listing gives the style as other.
Does 3232 Simcoe Road have a garage and parking?
Yes. The listing shows the garage as detached, with room for 3 cars. The driveway adds 10 spaces. In total the listing counts 13 parking spaces.
Does 3232 Simcoe Road have a finished basement?
No. The listing shows no basement for this home.
What style of home is 3232 Simcoe Road?
3232 Simcoe Road is a multiplex. A multiplex holds two or more separate units under one roof, often bought to live in one unit and rent the others.
How big is 3232 Simcoe Road, and what is the lot size?
The listing puts the home between 3,000 and 3,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 123 x 212 ft.
How is 3232 Simcoe Road heated and cooled?
Heating is baseboard (propane). The listing does not show air conditioning.
What are the property taxes for 3232 Simcoe Road?
Property taxes are $6,781 a year (2026), or about $565 a month.
Where is 3232 Simcoe Road?
3232 Simcoe Road is in the Brechin community of Ramara. The nearest main intersection is Hwy 12/Simcoe Rd. The postal code is L0K 1B0.
Is 3232 Simcoe Road still for sale?
Yes. It is an active listing (MLS® S13432364). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 3232 Simcoe Road asking?
Similar properties for sale nearby right now include 3232 Simcoe Road at $1,288,000, 36 TURTLE Path at $1,600,000 (5 bed) and 25 South Island Trail at $1,298,888 (3+1 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 3232 Simcoe Road sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 3232 Simcoe Road?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Brechin, picked by style, size and price.
Commercial retail$1,288,0003232 Simcoe Road, RamaraBrechinCourtesy of: RE/MAX COUNTRY LAKES REALTY INC.View home →
Detached home$1,600,00036 TURTLE Path, Ramara5 bed · 5 bath · BrechinCourtesy of: SAM MCDADI REAL ESTATE INC.View home →
Detached home$1,298,88825 South Island Trail, Ramara3+1 bed · 3 bath · BrechinCourtesy of: RE/MAX COUNTRY LAKES REALTY INC.View home →Courtesy of: RE/MAX COUNTRY LAKES REALTY INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.