1/232 NORFOLK STREET S, Norfolk (Simcoe)
2 NORFOLK STREET S, Norfolk (Simcoe), ON N3Y2V9
$699,900 total
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Asset Class
Retail
Size
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Building class
A
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
91%
About this property
4200 Sq. Ft. of Prime Retail/Office space in the heart of Simcoe Ont. This Property is Fully Leased to Long Term A+++ Tenants (RBC Dominion and PAL Insurance). CBD Zoning Allows for a multitude of options to increase the value of the building in the future, including transitioning the 2nd Floor into multiple Residential Units. This would be a Great opportunity to Start or Add to your Investment Portfolio! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$3K
Projected NOI
$39K
Annual cash flow
$13
Cash-on-cash
0.01%
DSCR
1.00
Going-in cap
5.54%
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
128,455
Households
46,519
Median income
$79,500
Median age
38.9
Daytime population
162,535
5-yr growth
6.1%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 2 NORFOLK 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.