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    Home Simcoe Town of Simcoe 571 Bank Street 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    Building and Land sold at 571 Bank Street, Simcoe, ON, N3Y 3N3 - Town of Simcoe - MLS: 40853209
    • sold
    • leased

    571 Bank Street

    Simcoe, ON, N3Y 3N3 - Town of Simcoe

    $1,050,000$000000

    • Neighbourhood

      Town of Simcoe

    • Major Intersection

    • Listed Since: 91 day(s)

    • Last update: 5 day(s) ago

    Overview

    • Property Type

      Building and Land, Commercial Sale

    • Bedrooms

      n/a

    • Bathrooms

      n/a

    • Basement

      None

    • Kitchen

      n/a

    • Total Parking

      60

    • Lot Size

      187.97x300.25 (Acres)

    • Taxes

      $7,405.56 (2026)

    • Type

      Commercial

    Property Description

    Property description for 571 Bank Street, Simcoe

    Attention investors & business owners, this is a rare opportunity to acquire a fully renovated and highly versatile commercial property at 571 Bank Street in Simcoe. Set on a 1.27 acre lot in a high traffic location, this ML zoned property offers excellent exposure, access to major routes & flexibility for a wide range of light industrial & commercial uses. Offering apprx 6,504 sqft, the building was renovated top to bottom in 2018 w/permits. The front features a professionally designed showroom w/a red cedar ceiling w/exposed steel I beams, & AODA accessible family bathroom, along w/2 addtl washrooms. A third front room is already plumbed for 4 more toilets, allowing for future expansion. The space also includes a kitchenette, office area, & LED lighting. Flooring throughout is updated, with 3 front offices (excluding the rounded corner office, which features luxury vinyl tile) finished in engineered hardwood. Hallways, main areas, & bathrooms are completed w/24”x24” porcelain tile, while the d&#233;cor/kitchen & office cubicle areas feature luxury vinyl plank. Terrazzo flooring is found exclusively in the rear warehouse areas, incld the garage & storage spaces. The warehouse is designed for function w/on grade loading through a 9'4x9'7 roll up door. A 2024 independent gas suspended heater w/separate thermostat provides efficient climate control. HVAC system includes 2 furnaces, currently operating on 1, w/option to extend service into warehouse. The exterior features concrete block construction w/steel cladding, new stucco finish, and new windows w/protective coating. The roof includes a BML flat roof (2018) and steel DAP roofing (2026). Interior framing features 2x6 steel studs w/code compliant insulation & firewall. Over 60 parking spaces, including 2 accessible spots, plus a 30x60 concrete pad w/footings for future expansion. Addtl features include an owned Millennium security system, signage electrical box, natural gas, & Bell Explornet high speed internet.

    Listed by Revel Realty Inc

    Property details
    Map

    • MLS #

      40853209

    • Sq. Ft

      6504

    • Sq. Ft. Source

      MLS

    • Lot Irregularities

      296.51' x 201.17' x 300.25' x 201.13'

    • Year Built

      1946

    • Pool

      n/a

    • Drive

      n/a

    • Garage

      n/a

    • Total Parking

      60

    • Family Room

      n/a

    • Den

      n/a

    • Exterior

      Block, Stucco, Other

    • Fireplace

      n/a

    • Roof

      n/a

    • Foundation

      Poured Concrete

    • Elevator

      n/a

    • Water View

      n/a

    • Laundry Level

      n/a

    • Heat

      n/a

    • A/C

      n/a

    • Water

      Municipal

    • Water Supply

      n/a

    • Sewers

      n/a

    • Central Vac

      n/a

    • MLS #

      40853209

    • Sq. Ft

      6504

    • Sq. Ft. Source

      MLS

    • Lot Irregularities

      296.51' x 201.17' x 300.25' x 201.13'

    • Year Built

      1946

    • Pool

      n/a

    • Drive

      n/a

    • Garage

      n/a

    • Total Parking

      60

    • Family Room

      n/a

    • Den

      n/a

    • Exterior

      Block, Stucco, Other

    • Fireplace

      n/a

    • Roof

      n/a

    • Foundation

      Poured Concrete

    • Elevator

      n/a

    • Water View

      n/a

    • Laundry Level

      n/a

    • Heat

      n/a

    • A/C

      n/a

    • Water

      Municipal

    • Water Supply

      n/a

    • Sewers

      n/a

    • Central Vac

      n/a

    Thinking of Selling?

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    estimate your home value

    Contact Manoj Kukreja

    Sales Representative,
    Century 21 People’s Choice Realty Inc.,
    Brokerage
    (647) 576 - 2100

    Manoj profile avatar

    Property History

    Property history for 571 Bank Street, Simcoe

    This property has been sold 4 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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    Closing Cost Calculator

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    Down Payment(%)*
    Additional information

    Provincial Land Transfer Tax

    Ontario Land Transfer Tax Rebate

    Toronto Land Transfer Tax

    Toronto Land Transfer Tax Rebate

    PST on CMHC Insurance Premium

    Lawyer Fees

    $2,825

    Government Registration Fee's

    $164

    Title Insurance

    Closing Cost Total

    Total Cash flow for purchasing this property

    Provincial Land Transfer Tax

    Ontario Land Transfer Tax Rebate

    Toronto Land Transfer Tax

    Toronto Land Transfer Tax Rebate

    PST on CMHC Insurance Premium

    Lawyer Fees

    $2,825

    Government Registarion Fee's

    $164

    Title Insurance

    Down Payment(%)*

    * A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

    Thinking of Selling?

    Find Out Your Home’s Value in Today’s Market!

    No Email or Signup is required to view your home estimate.

    estimate your home value

    Contact Manoj Kukreja

    Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
    (647) 576 - 2100

    Manoj profile avatar

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