Unknown for 358 Simcoe St, London East Ontario N6B 1J7
Re-listed 3 days ago

358 Simcoe St, London East, Ontario N6B 1J7

Detached
3
2
~1500-2000 sqft
$•••,•••
$509,999
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$2,550Cashback
Detached
3
2
~1500-2000 sqft

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Highlights

Property Estimate

Days on market3 days

Total days on market
46 days

Estimated valueNot available

Price/Sqft$297/sqft

Monthly cost

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CMA Subject Property

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+3

Properties sold*

$440K

Median sold price*

*Based on last 30 days

Description

Mortgage Helper! Welcome to 358 Simcoe Street in the vibrant SOHO neighborhood of London, Ontario! This versatile property is perfect for investors, first-time homebuyers, or anyone seeking a fantastic opportunity in a up-and-coming community. Currently rented for a total of $3500/month (Front 2 Bedroom rented for $2000/ Back 1 Bedroom rented for $1500) With two separate living spaces, this home offers both comfort and convenience. The front unit boasts a beautifully updated kitchen with modern, 3-year-old cabinetry, stainless steel appliances, a stylish tile backsplash, and a charming butcher block island perfect for meal prep and gatherings. The spacious living room and the dining/rec room, featuring a stunning cathedral ceiling with exposed wood beams, create a warm and inviting atmosphere. You'll find two generous bedrooms and a large, bright four-piece bathroom that completes this lovely space. Step outside onto the large patio, where you can enjoy the picturesque surroundings of this friendly neighbourhood. The back unit offers a cozy sunroom that flows seamlessly into a sizable kitchen and dining area, making it perfect for entertaining or relaxing. The large living room, with its high ceilings, is ideal for cozy movie nights or enjoying your favorite book. There's also a comfortable bedroom and a well-appointed three-piece bathroom, making this space a true retreat. The backyard is surprisingly spacious, featuring a charming stone patio, a sizable shed for your storage needs, and a sense of privacy that's often hard to find in the downtown core. Plus, parking for five vehicles adds to the convenience. This is a truly unique opportunity to own a versatile property in a dynamic, up-and-coming area, where community spirit and vibrancy thrive. Don't miss out on making this wonderful house your new home or investment!


Property Details

StyleBungalow
View-
Age of property100+
SqFt~1500-2000 SqFt
Lot Size6,435 SqFt(165 x 39)
Parking Spaces5
MLS ®NumberX12395053
Community NameCentral London
Data SourceTRREB
Listing byBLUE FOREST REALTY INC.

Features

Heating: Radiant
Basement: Unfinished

Main Floor

Br

3.04 x 3.96

Sunroom

4.22 x 1.85

Living

5.24 x 4.93

Bathroom

2.03 x 1.92


Features

Lot size: 6,435 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
3 days on market
history photo preview44
Listing by trreb®

Market Data - Central London

Geo Zone Map ThumbnailCentral London

Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

42 days

Compared to

2024

30 days

2023

26 days

2022

39 days

New Listings

Past 30 days

17 listings

Compared to

2024

8 listings

2023

16 listings

2022

16 listings

Units sold

Past 30 days

10 units

Compared to

2024

3 units

2023

5 units

2022

2 units

Median Sold Price

Past 30 days

$567,500

Compared to

2024

$440,000

2023

$375,000

2022

$612,500


Population and Demographics

Overview

Total population 16774
Average household income $95,260

Age (%)

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

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%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget