ON > London > East K
London, ON N6B1H9,184 SIMCOE Street
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London, ON N6B1H9,184 SIMCOE Street
London, ON N6B1H9,184 SIMCOE Street
London, ON N6B1H9,184 SIMCOE Street
London, ON N6B1H9,184 SIMCOE Street
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David Kurt

David Kurt

+1(705) 677-5272
$ 699,900
Est. payment /mo
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184 SIMCOE Street London, ON N6B1H9

5 Beds

4 Baths

2,002 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,002 sqft

Price per Sqft $349

Subdivision East K

MLS® Listing ID 40728405

Style 2 Level

Bedrooms 5

Property Sub-Type Freehold

Source Cornerstone - Mississauga

Property Description

$5,500 Income Per Month! Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,650/m) 1 + Den, Front door renovated: Unit#2($1,050/m): 1 Bed, renovated Unit#3($1,332/m): 1 Bed, Unit#4($1,230/m): 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 cash flow $1,362.10/m, Vendor Mortgage = $3,367/m; Collect rents+laundry = $5,500/m, Property taxes - $287/m, Utilities/Insurance - $496/m. All units heated by baseboard electric. Deep lot for additional potential. R3-1 Zoning allows Fourplex. Net Income $55,552. (id:24570)

Location

Province ON

Rooms

Kitchen 4.0

Extra Room 1 Basement Measurements not available 4pc Bathroom

Extra Room 2 Basement 1'0'' x 1'0'' Bedroom

Extra Room 3 Lower level 1'0'' x 1'0'' Kitchen

Extra Room 4 Main level Measurements not available 4pc Bathroom

Extra Room 5 Main level Measurements not available 4pc Bathroom

Extra Room 6 Main level 1'0'' x 1'0'' Bedroom

Interior

Heating Baseboard heaters,

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 4

Private Pool No

Building

Story 2

Sewer Municipal sewage system

Architectural Style 2 Level

Others

Ownership Freehold

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Listed by CENTURY 21 MILLENNIUM INC
agent

David Kurt

+1(705) 677-5272

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184 SIMCOE Street

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