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Investment signal

$695,000

17 TALBOT Street N

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Beds

—

Baths

—

Sqft

7,175

Year

1950

Type

Other

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Simcoe. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

This commercial property presents an excellent opportunity. Situated in a highly visible, busy corridor at the core of Simcoe’s business district, it benefits from high foot and vehicle traffic, nearby amenities, and parking. The current layout is designed for a physiotherapy and rehabilitation clinic, with approximately 4,100 square feet on the main floor that includes office space, a welcoming reception/visitor area, private treatment rooms, and open treatment zones. An additional 1,300 square feet of second-floor unfinished storage offers substantial potential for expansion, storage, or additional uses. The second floor also hosts a residential apartment totalling roughly 1,775 square feet of living space, presently rented. This property blends commercial-use with residential income in a premier location, supporting diverse strategies for growth and cash flow. (id:65958)

Subtype: Other
Community: Town of Simcoe
Common interest: Freehold
Living area: 7,175 square feet
Lot size: 0.18 acres
Lot dimensions: 0.175
Stories: 2
On market: Apr 24, 2026
Status changed: Apr 24, 2026
Annual tax: $9,888.53
Zoning: CBD
Photos: 35
MLS#: 40822254
Area: SIMCOE

Features and systems

Basement

Crawl space

Exterior

ConcreteVinyl siding

Construction

Concrete blockConcrete Walls

Foundation

Block

Lot

Visual exposurePaved driveway

Utilities

Natural GasElectricity

Security

Security system

Negative cash flow ~$783/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

-6.76%

Cap rate

3.51%

GRM

16.7

Break-even rent

$4,299

Financing

Down payment$139,000

Loan amount$556,000

Mortgage$2,817/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$319

Insurance$80

Maintenance$579

CapEx reserve$290

Vacancy loss$174

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $2,817/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.