524 Simcoe St

London, ON N6B 1K4
  • $349,995

    Price
  • 5

    Bed
  • 3

    Bath
  • 1,542

    SqFt

Open House Times

  • Sun. May. 31 at 2:00pm to 4:00pm

About the Listing KW362 - WR60428

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 $2000/mo for Main Level Unit & $1300/mo for Upper Level Unit inclusive of utilties (or $1850/mo for Main Level Unit & $1150/mo for Upper Level Unit with tenants paying all utilities in additional to monthly rents).

Listing Highlights

Status Active With Contingency
Days on Site 42
Property Type Multi-Family
MLS ® 40822062
Year Built 1896
Total Square Footage 1,542
Lot/Acreage 0.11

Interior Details

  • Bedrooms: 5
  • Bathrooms: 3 Full
  • Appliances: Dryer, Refrigerator, Stove, Washer
  • Air Cond:
  • Heating: Forced Air,Natural Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft: 1542
  • Below Ground Sq Ft: n/a
  • Basement: Walk-Up Access,Partial,Unfinished
  • Other: Accessory Apartment
  • Water: Municipal

Exterior Details

  • Lot Description: Rectangular,Business Centre,Hospital,Library,Major Anchor,Open Spaces,Park,Place of Worship,Playground Nearby,Rec./Community Centre,School Bus Route,Schools,Shopping Nearby
  • Garage Capacity: N/A
  • Parking Spaces: 6
  • Lot Dimensions: 46.54 x 100.3
  • Zoning: R2-2
  • Roof: Asphalt Shing
  • Others: Lighting,Year Round Living
  • Sewer: Sewer (Municipal)
  • Parking Features: Private Drive Double Wide,Asphalt

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 083160197
  • Tax Year: N/A

Payment Calculator

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Questions About..

524 Simcoe St London, ON N6B 1K4

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Originating MLS: Cornerstone

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