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Main Photo: 192 Mill Street in Simcoe: Angus Commercial for sale (Essa)  : MLS®# N12111470
Photo 1: 192 Mill Street in Simcoe: Angus Commercial for sale (Essa)  : MLS®# N12111470
Photo 2: 192 Mill Street in Simcoe: Angus Commercial for sale (Essa)  : MLS®# N12111470
Photo 3: 192 Mill Street in Simcoe: Angus Commercial for sale (Essa)  : MLS®# N12111470
Photo 4: 192 Mill Street in Simcoe: Angus Commercial for sale (Essa)  : MLS®# N12111470
Photo 5: 192 Mill Street in Simcoe: Angus Commercial for sale (Essa)  : MLS®# N12111470
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Photo 7: 192 Mill Street in Simcoe: Angus Commercial for sale (Essa)  : MLS®# N12111470
Photo 8: 192 Mill Street in Simcoe: Angus Commercial for sale (Essa)  : MLS®# N12111470
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Photo 32: 192 Mill Street in Simcoe: Angus Commercial for sale (Essa)  : MLS®# N12111470
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Photo 34: 192 Mill Street in Simcoe: Angus Commercial for sale (Essa)  : MLS®# N12111470
Photo 35: 192 Mill Street in Simcoe: Angus Commercial for sale (Essa)  : MLS®# N12111470
Photo 36: 192 Mill Street in Simcoe: Angus Commercial for sale (Essa)  : MLS®# N12111470
Photo 37: 192 Mill Street in Simcoe: Angus Commercial for sale (Essa)  : MLS®# N12111470
Photo 38: 192 Mill Street in Simcoe: Angus Commercial for sale (Essa)  : MLS®# N12111470
Photo 39: 192 Mill Street in Simcoe: Angus Commercial for sale (Essa)  : MLS®# N12111470
Status:
Active
Prop. Type:
Commercial
MLS® Num:
N12111470
Bus Major:
Apts - 6 To 12 Units
This ICF Construction 6 Plex Is Simply Stunning And Built Only 11 Years Ago making this a rare find! Units Are Separately Metered For Hydro/ Gas Plus 2 Units Are Designed For Wheelchair Accessibility! This Shows As Impressive Inside As It Does Out. Situated in the growing community Of Angus - Home Of Canadian Forces Training Centre (CFB Borden). Across From Mcdonalds, Shoppers Drug Mart, Sobey's, Lcbo and just 15 Minutes West Of Barrie And 20 Minutes North To Wasaga Beach.Situated On The Main Road Across From Popular Strip Mall On A Lot That Is .38 Acres. Simply No Improvements Can Be Made To This! This property is beside 190 Mill Street and 8 Summerset is behind it which are also available for sale making it even more interesting for future development considerations. **EXTRAS** lot measurements 82.59 ft x 158.60 ft x 99.81 ft x 167.28 ft
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
4377 sq. ft. Square Feet
Total Area:
4,377 sq. ft.
Depth:
162'
Frontage:
99'
Lot Shape:
Irregular
Water supply:
Municipal
Zoning:
C2-1
Heating type:
Gas Forced Air Closed
Garage:
None
Possession Details:
Flexible
Lot Irregularities:
See comments
HST Applicable To Sale Price:
Included In
Type Taxes:
Annual
Taxes:
$5,976 / 2024
Assessment:
$- / -
Essa
Angus
Simcoe
7 x Hot Water Heaters
6 x fridges, 6 x stoves, 2 x washers, 2 x dryers
Tenants Personal Belongings
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
No
Major Business Type:
Apts - 6 To 12 Units
Category:
Apartment
Date Listed:
Apr 29, 2025
Original Price:
Previous Price:
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Listed by CENTURY 21 B.J. ROTH REALTY LTD.
Data was last updated May 4, 2025 at 02:15 PM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
  • Economies of scale make property management more efficient
  • Opportunity to increase property value through renovations and upgrades
  • High demand for rental housing in urban and suburban markets

What to Look for in Apartment Buildings for Sale

When evaluating apartment buildings for sale, consider:

  • Vacancy rates and tenant demand in the area
  • Location and proximity to transit, schools, and employment hubs
  • Building condition, age, and potential maintenance costs
  • Current rental income and future appreciation potential

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Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.