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Commercial Property in Ramara
About 3232 Simcoe Road
Exceptional Investment Opportunity! Unlock the potential of this income-producing mixed-use property featuring a commercial shop and four residential units. Offering excellent cash flow and long-term growth potential, this property is an ideal addition to any investment portfolio. The property includes approximately 1,600 sq. ft. of commercial space and a beautifully renovated 2-bedroom apartment above the shop. The residential component offers approximately 500 sq. ft. of living space across the four units, all well-maintained and updated. Several quality long-term tenants are already in place, providing immediate income and stability. Additional features include a community laundry room, separate heating systems, ample parking, and outdoor storage for added convenience. Whether you're a seasoned investor or looking to expand your real estate holdings, this versatile property offers multiple income streams, strong rental potential, and the opportunity to build equity for years to come. Don't miss this outstanding investment opportunity!
Ramara retail priced at $1,288,000 — book a tour to see if it fits your search.
Inside 3232 Simcoe Rd
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
3232 Simcoe Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 3232 Simcoe Rd
Homes for sale in Ramara
Every active Ramara MLS® listing, updated all day.
Average days on market45Homes sold in about 45 days on average.
Sale-to-list ratio94.6%On average, homes sold below asking.
Active listings237Homes for sale here right now.
Median vs prior 90 days−8.7%Compared with May 3 – Aug 1, 2026: prices down.
Based on 68 sales from Aug 1 – Oct 30, 2026 (51 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 3232 Simcoe Rd
How much is 3232 Simcoe Rd listed for?
3232 Simcoe Rd is listed at $1,288,000 (MLS® S13432348). Summitly updates the price as soon as the MLS® record changes.
Has the price of 3232 Simcoe Rd changed?
Yes — it was first listed at $1,399,000 and is now $1,288,000, a drop of $111,000 (7.9%).
How many bedrooms and bathrooms does 3232 Simcoe Rd have?
The listing for 3232 Simcoe Rd doesn't publish its bedroom and bathroom count. It is a commercial property in Ramara.
How does 3232 Simcoe Rd compare with other homes in Ramara?
Its asking price of $1,288,000 is about 97% above the median sold price in Ramara over the last 90 days, $652,500, across 68 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 3232 Simcoe Rd been sold before?
Summitly has no earlier MLS® sale or lease of 3232 Simcoe Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 3232 Simcoe Rd?
3232 Simcoe Rd is in Ramara, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 3232 Simcoe Rd been on the market?
141 days — 3232 Simcoe Rd was listed on June 11, 2026.
What is the land transfer tax on 3232 Simcoe Rd?
About $22,235 in Ontario land transfer tax at the asking price of $1,288,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 3232 Simcoe Rd or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 3232 Simcoe Rd?
The listing for 3232 Simcoe Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Ramara.
When was 3232 Simcoe Rd built?
The listing for 3232 Simcoe Rd doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.