Brechin Apartment Buildings for Sale

Multifamily in Brechin available for sale

Brechin Apartment Building for Sale

3232 Simcoe Rd

Brechin, ON L0K 1B0

Multifamily for Sale
$1,499,999 CAD
6,300 SF

Brechin Multifamily for Sale - Northern GGH

Introducing an outstanding 5-unit multifamily property with commercial zoning located in Brechin. This property boasts approximately 6,300 square feet of space, making it ideal for various retail ventures. There are two buildings on the lot comprising 5 rental units (4 residential and 1 commercial). There is a common laundry area shared by all tenants with new coin laundry machines. The garage and parking area are leased together and the tenants have their own designated parking. Snow clearing and lawn maintenance are part of the lease agreements with the tenants. Roofing, furnace and AC have been recently replaced. This property is move-in ready and offers a generous parking ratio of 7.01 spaces per 1,000 square feet. The commercial zoning opens up a world of possibilities, while the 0.78-acre land area ensures ample space for expansion or customization. Additionally, its proximity to Lake Simcoe, and the convenience of nearby municipal amenities make this property a prime investment opportunity. VTB can be made available for qualified buyers. Don't miss out on the potential of this cash flowing property with promising new industrial developments in the vicinity.

Contact:

Lucero Commercial Group

Property Subtype:

Apartment

Date on Market:

2025-06-27

Hide

View on Map

1-1 of 1

Learn More About Investing in Apartment Buildings

Understanding Cap Rates in Commercial Real Estate

Calculating and Interpreting Cap Rates for Canadian Investors

Types of Commercial Leases: From Gross to Triple Net

Understanding the Different Lease Structures for Your Business Space

Commercial Real Estate Investing: Your Path to Market Success

Your guide to starting and thriving in Canadian commercial property investments

Apartment Building Investment: A Strategic Market Overview

Essential Insights and Practical Strategies for Building Your Multi-Family Portfolio

How to Rent an Office for Your Business in Canada

Learn About the Costs, Types of Office Spaces, and Key Considerations for Leasing the Ideal Commercial Space

Understanding Common Area Maintenance (CAM) Charges

Grasping Common Area Maintenance (CAM) Fees for Better Commercial Real Estate Decisions

How to Buy Land: From Raw to Ready for Development

Understanding Land Types and Purchase Requirements for Property Investment

REIT Investment Strategies: Building Real Estate Wealth

Understanding Investment Trusts and Creating Your Portfolio Strategy

Apartment Buildings for Sale in Brechin

View All Available Listings

How many apartment buildings are available for sale in Brechin?

There are currently 1 apartment buildings available for sale in Brechin, offering a unique opportunity for businesses to establish a presence.

How big are the apartment buildings available for sale in Brechin?

The average size of apartment buildings available for sale in Brechin is about 6,300 SF. The largest apartment buildings available to buy is 6,300 SF and the smallest is 6,300 SF. The size of the space you'll need will depend on a variety of factors including number of employees, amenities required, parking requirements, etc.

What's the cap rate for apartment buildings in Brechin?

The average market cap rate for apartment buildings for sale is about 6.26% based on data provided in Brechin. Learn more about how cap rates are calculated.

Nearby Cities

Nearby Neighborhoods

Other Property Types

Apartment Building for Sale in Brechin