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Simcoe
197 COLBORNE Street N
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197 COLBORNE Street N $499,900
$499,900
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197 COLBORNE Street N
Simcoe, Ontario N3Y3V4

MLS® Number: 40704943
3
Bedrooms
3
Bathrooms
1612
Square Feet

Listing Description

Great Investment or Live-In Opportunity! Nestled in the heart of Simcoe, this well-maintained 1.5-storey duplex offers the perfect blend of investment potential and comfortable living. One side is currently tenant-occupied, providing immediate rental income, while the other side is vacant and ready for a new owner or tenant. Unit A (vacant) features 2 bedrooms and 1.5 bathrooms, with bright, spacious living areas and functional kitchen, as well as in suite laundry. The layout is ideal for first time home buyers looking to enter the market. Unit B is tenanted ($707 per month) and features 1 bedroom, 1 bathroom, cozy living room, nicely appointed kitchen and dining area, as well as a spacious mudroom. Situated in a convenient location close to schools, parks, shopping, and amenities, this property presents an excellent opportunity for investors or those looking to offset their mortgage by living in one unit while renting out the other. Don't miss out on this fantastic duplex in a prime Simcoe location! (68707431)

Location Description

Norfolk St. N (HWY 24) to Union St. North on Colborne St. N to #197

Property Summary

Property Type
Single Family
Building Type
House
Storeys
1.5
Square Footage
1612 sqft
Subdivision Name
Town of Simcoe
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$2,142.52
Total Parking Spaces
3
Time on REALTOR.ca
34 days

Building

Bedrooms
Above Grade
3
Bathrooms
Total
3
Partial
1
Interior Features
Appliances Included
Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer, Window Coverings
Basement Type
Partial (Unfinished)
Building Features
Style
Detached
Rental Equipment
None
Total Units
0
Heating & Cooling
Cooling
None
Heating Type
Forced air, (Natural gas)
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick, Vinyl siding
Neighbourhood Features
Community Features
Community Centre
Amenities Nearby
Hospital, Park, Place of Worship, Schools, Shopping
Parking
Total Parking Spaces
3

Measurements

Square Footage
1612 sqft
Above Grade Finished
1612 sqft
Source: Listing Brokerage

Rooms

MetricImperial
Main level
Living room
Eat in kitchen
Storage
2pc Bathroom
Laundry room
Foyer
Bedroom
4pc Bathroom
Eat in kitchen
Living room
Foyer
Porch
Second level
4pc Bathroom
Bedroom
Bedroom

Land

Lot Features
Frontage
50 ft
Other Property Information
Access
Highway access, Highway Nearby
Zoning Description
R2
Data provided by: Cornerstone - Simcoe & District 191 Queensway West, Simcoe, Ontario N3Y 2M8
519-586-7922
REALTOR® Website View Listing on REALTOR® Website
Email
Book showing
ERIE'S EDGE REAL ESTATE LTD. BROKERAGE
1021 BAY STREET, PO BOX 142
PORT ROWAN, Ontario N0E1M0
519-586-7922
Office Website
226-922-0604
View Listing on REALTOR® Website
Email
Book showing
ERIE'S EDGE REAL ESTATE LTD. BROKERAGE
1021 BAY STREET, PO BOX 142
PORT ROWAN, Ontario N0E1M0
519-586-7922
Office Website
226-567-3872
View Listing on REALTOR® Website
Email
Book showing
ERIE'S EDGE REAL ESTATE LTD. BROKERAGE
1021 BAY STREET, PO BOX 142
PORT ROWAN, Ontario N0E1M0
519-586-7922
Office Website
519-428-5068
REALTOR® Website View Listing on REALTOR® Website
Email
Book showing
ERIE'S EDGE REAL ESTATE LTD. BROKERAGE
1021 BAY STREET, PO BOX 142
PORT ROWAN, Ontario N0E1M0
519-586-7922
Office Website

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