28-40 Sydenham Street, Simcoe, ON N3Y 1R7

Property Description

28-40 Sydenham Street presents a rare opportunity to acquire a fully leased, income-producing commercial asset in the growing Norfolk County market. The property has recently undergone approximately $300,000 in capital improvements focused on repositioning the building through unit division, upgrades, and lease-up initiatives, resulting in a stabilized multi-tenant investment. The property now generates approximately $135,000 in net operating income and is being offered at a 7.1% capitalization rate. Tenancies are secured on new 5-year lease terms with built-in rental growth, providing investors with both immediate cash flow and long-term income stability. Strategically located in the heart of Simcoe, the property benefits from strong local exposure, established surrounding amenities, and continued demand for well-located commercial space. An ideal opportunity for investors seeking stable yield with upside through contractual rent increases and long-term market growth.