184 Simcoe St

London, East K

CA$798,500

For
Sale

bedrooms

5

bathrooms

4

Square Footage

3000-3500

Type of Property

Fourplex

Wedu Estimate*
New

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Details

Overview

Type
Fourplex
Style
Backsplit 4
Size
3000-3500 Sqft
Taxes
CA$3,445/yr

Description

Legal Rent increases due(+$100/m)** Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,640/m): Unit#2($1,050/m): Access through rear, main level door, 1 Bed, 4 pcs bath, renovated with pot lights & laminated floor. Unit#3($1,300/m): Access through rear main level door, use common area stair to second level, 1 Bed, 4 pcs bathroom , eat in kitchen, laminate flooring. Unit#4($1,230/m): Access through rear lower level door, 1 Bed+den, kitchen living combined, 4 pcs bathroom. Coin Laundry ($150/m): through rear lower Level door, Landlord pays electric meter for common area coin laundry, Storage & utility room. Deep Lot, Additional potential ZONING ALLOWS PARKING IN REAR. LIVE IN 2 Bdrm+1 with FRONT DOOR ACCESS TO MAIN LEVEL, 4PC BATH, RECENTLY RENOVATED WITH POT LIGHTS & LAMINATE FLOORING; Your Mortgage = $4112/m; Collect 3 rents = $3625/m Property taxes + $287/m, your Total monthly payment = $774/m with Minimum Down Payment! **EXTRAS** Any chattels remaining on the property not belonging to Tenants. LIVE IN THE VACANT FRONT UNIT AND HAVE THE OTHER 3 TENANTS PAY YOUR MORTGAGE.

This fourplex home located at 184 Simcoe St, London, ON N6B 1H9 is currently for For Sale and has been available on Wedu.ca for 36 days. This property is listed at CA$799K. It has 5 beds, 4 bathrooms, and is 3000-3500 square feet. The property is N/A years old. 184 Simcoe St, London, ON N6B 1H9 is in London neighborhood East K.

Fees

Taxes
CA$3,445/yr
Tax Year
2024

Inside

Bedrooms
5
Bathrooms
4
Kitchens
3
Rooms
13
Den/Family Room
Yes
Air Conditioning
None
Laundry

Building

Basement Details
Finished, Sep Entrance
Fuel
Electric
Heating
Baseboard
Water Supply
Municipal
Exterior
Brick
Roof
Asphalt Shingle

Land

Depth
198
Width
39
Lot Size Units
Feet
Sewer
Sewers
Pool
None
Cross Street
Simcoe Street/Richmond Street
Neighbourhood
East K
City
London

Parking

Garage
None
Parking Features
Parking Places
8

Metadata

Added
1/13/2025
Updated
2/14/2025
MLS®#
X11920804
Days on Market
36
Source
TRREB

Rooms

KitchenMain4.46 x 0.32

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