40 & 42 ROBINSON Street, Simcoe40 & 42 ROBINSON Street, Simcoe — photo 240 & 42 ROBINSON Street, Simcoe — photo 340 & 42 ROBINSON Street, Simcoe — photo 440 & 42 ROBINSON Street, Simcoe — photo 540 & 42 ROBINSON Street, Simcoe — photo 640 & 42 ROBINSON Street, Simcoe — photo 740 & 42 ROBINSON Street, Simcoe — photo 840 & 42 ROBINSON Street, Simcoe — photo 940 & 42 ROBINSON Street, Simcoe — photo 1040 & 42 ROBINSON Street, Simcoe — photo 1140 & 42 ROBINSON Street, Simcoe — photo 1240 & 42 ROBINSON Street, Simcoe — photo 1340 & 42 ROBINSON Street, Simcoe — photo 1440 & 42 ROBINSON Street, Simcoe — photo 1540 & 42 ROBINSON Street, Simcoe — photo 1640 & 42 ROBINSON Street, Simcoe — photo 1740 & 42 ROBINSON Street, Simcoe — photo 1840 & 42 ROBINSON Street, Simcoe — photo 1940 & 42 ROBINSON Street, Simcoe — photo 2040 & 42 ROBINSON Street, Simcoe — photo 2140 & 42 ROBINSON Street, Simcoe — photo 2240 & 42 ROBINSON Street, Simcoe — photo 2340 & 42 ROBINSON Street, Simcoe — photo 2440 & 42 ROBINSON Street, Simcoe — photo 2540 & 42 ROBINSON Street, Simcoe — photo 2640 & 42 ROBINSON Street, Simcoe — photo 2740 & 42 ROBINSON Street, Simcoe — photo 28
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For Sale · Specialty

40 & 42 ROBINSON Street, Simcoe

40 & 42 ROBINSON Street, Simcoe, ON N3Y1W6

$354,900 total

3,000 SF

Asset Class

Specialty

Size

3,000 SF

Building class

C

Zoning

DC2 — Site Specific

$ / SF

$118

Occupancy

95%

About this property

Investors and Entrepreneur this is your calling! A fully VACANT building offer an extremely spacious 2 bedroom apartment above with HIGH ceilings and massive living room, onsite laundry, private rear secondary entrance patio area & garage. The retail space is currently 2 partially divided spaces with a walkthrough between the two store fronts, but could easily be closed in to create 2 shops again. Investors could fill it with tenants! Entrepreneur live upstairs and run a shop out of the retail space. The CBD zoning allows for a vast opportunity! Updates include; newer roof, hot water heater (owned 2025), furnace (2023), some electrical, rear stairs, apartment. Whether you are looking for financial freedom with an investment portfolio or looking to start your dream it's time to check out 40 & 42 Robinson. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$355K
Down payment30% · $106K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$22K

Annual cash flow

$2K

Cash-on-cash

2.21%

DSCR

1.12

Going-in cap

6.20%

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.

Rent roll (estimated)

TenantAreaExpiry
Northbridge Logistics2,853 SF2030-12

Area demographics

Trade area within 3 miles of the property.

Population

58,353

Households

21,519

Median income

$90,500

Median age

45.5

Daytime population

83,595

5-yr growth

1.4%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 40 & 42 ROBINSON Street, Simcoe.

NDA required

  • 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.