94 days on Market

184 Simcoe St, London, Ontario N6B 1H9

Townhouse
4 + 1
4
~3000-3500 sqft
$825,900
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Townhouse
4 + 1
4
~3000-3500 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$255/sqft

Est. Mortgage$3,547/mo

Tax Amount (2024)$3,445/yr

Days On Market94 days


Description

**Seller willing to Hold Financing!** 1st mortgage @6%/yr**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): Front door access on Main level, 1+1 bed, 4 pcs bath, recently renovated, Pot Lights , laminate flooring. 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. All units heated by baseboard electric. Deep lot for additional potential. R3-1 Zoning allows Fourplex. This property currently ***Under Power of Sale*** Buyer will complete their own due diligence, accept the property as is. Seller cannot offer any warranties. NET INCOME $55,759 (buyer to verify)


Property Details

Style2-Storey
View-
Age of property-
SqFt~3000-3500 SqFt
Lot Size7,622 SqFt(197.74 x 38.55)
Parking Spaces4
MLS ®NumberX9379118
Community NameCentral London
Data SourceTRREB
Listing byCENTURY 21 MILLENNIUM INC.

Features

Heating: Baseboard
Basement: Finished, Sep Entrance

Main Floor

Kitchen

4.46 x 3.24


Features

Lot size: 7,622 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property listed by CENTURY 21 MILLENNIUM INC., Brokerage
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Population and Demographics

Overview

Total population 16774
Average household income $95,260

Age (%)

20 to 34
38%
50 to 64
18%
35 to 49
17%
65 and plus
16%
0 to 19
10%

Household composition (%)

Single person
57%
Single family
33%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
87%
Others
4%
Spanish
3%
Arabic
2%
French
2%
Portuguese
1%

House tenancy (%)

Renters
77%
Owners
23%

Schools and amenities

Estimated Budget