1/281 - 20 COLBORNE STREET S, Norfolk (Simcoe)
1 - 20 COLBORNE STREET S, Norfolk (Simcoe), ON N3Y4H1
Price on request
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Asset Class
Multifamily
Size
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Building class
B
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
94%
About this property
Welcome to Apartment #1 at 20 Colborne Street South, a charming and well-maintained 1-bedroom, 1-bathroom residence ideally situated in the heart of downtown Simcoe. This bright and inviting unit offers a functional layout with comfortable living space, making it an excellent option for professionals, retirees, or anyone seeking the convenience of downtown living.Located just steps from local shops, cafés, restaurants, parks, and everyday amenities, residents can enjoy a walkable lifestyle in one of Norfolk County's most vibrant communities. Downtown Simcoe offers a unique blend of small-town charm and modern convenience, with easy access to community services, recreational facilities, and public transit. The area is home to beautiful green spaces, including Wellington Park and the Norfolk County Carillon Tower, providing year-round opportunities to enjoy the outdoors.Commuters and residents alike will appreciate the convenient access to Norfolk County's Ride Norfolk transit service, connecting Simcoe with surrounding communities throughout the region.A fantastic opportunity to lease a comfortable and conveniently located apartment in the heart of Simcoe. Don't miss your chance to enjoy everything this thriving downtown community has to offer. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$7K
Projected NOI
$81K
Annual cash flow
$-2K
Cash-on-cash
-0.40%
DSCR
0.98
Going-in cap
5.42%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Area demographics
Trade area within 3 miles of the property.
Population
92,704
Households
33,379
Median income
$75,500
Median age
39.8
Daytime population
127,609
5-yr growth
5.4%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 1 - 20 COLBORNE STREET S, Norfolk (Simcoe).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.