$379,000

Detached

524 Simcoe Street, London East, ON

7 DAYS

1500-2000

524 Simcoe Street, London East, ON N6B 1K4 - photo 1 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 2 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 3 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 4 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 5 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 6 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 7 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 8 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 9 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 10 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 11 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 12 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 13 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 14 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 15 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 16 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 17 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 18 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 19 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 20 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 21 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 22 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 23 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 24 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 25 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 26 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 27 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 28 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 29 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 30 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 31 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 32 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 33 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 34 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 35 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 36 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 37 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 38 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 39 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 40 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 41 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 42 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 43 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 44 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 45 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 46 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 47 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 48 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 49 of 50

524 Simcoe Street, London East, ON N6B 1K4 - photo 50 of 50

1 / 50

Listed by EXP REALTY

·Virtual Tour

Listed by EXP REALTY

Property Highlights

Parking

6 spaces

Property Tax

$2,431/yr

Age

100+ yrs

Lot Size

< .50 ac

Style

2-Storey

Basement

Walk-Up, Unfinished, Development Potential

Monthly Cost

$1,803/mo

About This Home

524 Simcoe Street offers a great opportunity for a mortgage helper (ideal for first time Buyers), investors, or multi-generational families to aquire a spacious detached two storey property! This property features a Main Level 3 Bedroom and 1 Bath unit accross the entire main floor w/ a large unfinished basement ideal for storage & an Upper Level 2 Bed and 1 Bath Unit. In total this property features nearly 1,900 sq ft of newly renovated main and upper levels and a very functional unfinished basement (replacement value to rebuild would be approximately $500,000). Each unit includes a full laundry set w/ washer and dryer. Ample upgrades to the property include stainless steel stove,fridge, and range hoods in both units; revitalized kitchen with new countertops and sink in Lower Unit w/ entirely new kitchen in the Upper Unit; Washrooms have newly retiled shower enclosures, new vanities, LED Mirrors, new energy efficient toilets,and shower heads; floors have been levelled and include luxury vinyl plank flooring throughout (carpet free property). The layout provides flexibility for those looking to live in one unit and rent out the other, or for family accross multiple generations looking to live under the same roof but with seperation between units. The large fenced backyard is ideal for families with kids and for pet owners. The spacious driveway features parking for up to six vehicles. The location situates the property near downtown, with direct access to public transit, close proximity to schools, and many amenities in the area. Seller open to rent one or more units for Closing; projected rents are $1900/mo for Main Level Unit & $1250/mo for Upper Level Unit inclusive of utilties (or $1750/mo for Main Level Unit & $1100/mo for Upper Level Unit with tenants paying all utilities in additional to monthly rents).

Monthly Cost

Monthly Mortgage$1,600

Property Tax ($2,431/yr)$203

Total$1,803

Price & Listing History

Schools

Location

Tap to view full map

Rooms

mft

Main Level

Living Room: 4.20m × 3.48m

Bathroom: 1.68m × 2.16m

Family Room: 3.56m × 3.26m

Bathroom: 1.82m × 2.47m

Bedroom 2: 2.88m × 3.50m

Primary Bedroom: 3.67m × 3.53m

Kitchen: 3.41m × 4.29m

Bedroom 3: 2.39m × 2.86m

Upper Level

Bedroom: 2.89m × 2.29m

Kitchen: 2.99m × 3.45m

Bedroom 2: 3.05m × 3.27m

Primary Bedroom: 3.05m × 3.73m

Basement Level

Laundry: 4.74m × 3.32m

Other: 2.67m × 4.76m

Other: 2.28m × 4.17m