Ramara Apartment Buildings for Sale

Multifamily in Ramara available for sale

Ramara Apartment Building for Sale

3232 Simcoe Rd

Brechin, ON L0K 1B0

Multifamily for Sale
$1,299,999 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

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Apartment Buildings for Sale in Ramara

View All Available Listings

How many apartment buildings are available for sale in Ramara?

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

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

The average size of apartment buildings available for sale in Ramara 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 Ramara?

The average market cap rate for apartment buildings for sale is about 7.23% based on data provided in Ramara. Learn more about how cap rates are calculated.

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Apartment Building for Sale in Ramara