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184 SIMCOE STREET
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184 SIMCOE STREET $777,000
$777,000
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184 SIMCOE STREET
London, Ontario N6B1H9

MLS® Number: X11992024
5 + 1
Bedrooms
4
Bathrooms
3000 - 3500
Square Feet

Listing Description

Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,750/m) 1 + Den, Front door renovated: Unit#2($1,050/m): Access through rear, 1 Bed, renovated Unit#3($1,332/m): Access through rear main level door, 1 Bed, Unit#4($1,230/m): Access through rear lower level door, 1 Bed+den, Coin Laundry ($150/m): Landlord pays electric meter for common area coin laundry, Storage & utility room. Deep Lot, Additional potential ZONING ALLOWS PARKING IN REAR. Take advantage of Vendor Financing 6.5% interest. After Mortgage, insurance, utilities NET Income positive cashflow $1,362.10/m**EXTRAS** Any chattels remaining on the property not belonging to Tenants. LIVE IN VACANT FRONT UNIT Vendor Mortgage = $3,367/m; Collect 3 rents+laundry = $3,762/m, Property taxes - $287/m, Utilities/Insurance - $496/m live here your Total monthly payment = $338/m with minimum Down Payment! (39953126)

Location Description

Simcoe Street/Richmond Street

Property Summary

Property Type
Multi-family
Building Type
Fourplex
Square Footage
3000 - 3500 sqft
Community Name
East K
Land Size
38.6 x 197.7 FT ; DEEP LOT
Annual Property Taxes
$3,445.15
Parking Type
No Garage
Time on REALTOR.ca
24 days

Building

Bedrooms
Above Grade
5
Below Grade
1
Bathrooms
Total
4
Interior Features
Appliances Included
Dryer, Washer
Basement Features
Separate entrance
Basement Type
N/A (Finished)
Building Features
Foundation Type
Block
Split Level Style
Backsplit
Heating & Cooling
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
8

Measurements

Square Footage
3000 - 3500 sqft

Rooms

MetricImperial
Main level
Kitchen

Land

Lot Features
Frontage
38 ft ,7 in
Land Depth
197 ft ,8 in
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
905-450-8300
REALTOR® Website
Email
Book showing
CENTURY 21 MILLENNIUM INC.
Brokerage
181 QUEEN ST EAST
BRAMPTON, Ontario L6W2B3
905-450-8300
Office Website

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