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Eric Cassidy

eric@cassidyrealestate.ca +1(519) 871-4536

$ 359,900

Est. payment -/mo

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Price Dropped by $19K

524 Simcoe ST London East, ON N6B 1K4

5 Beds

3 Baths

Open House

Sun Apr 26, 3:00pm - 5:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Subdivision East K

MLS Listing ID X12918982

Style 2-Storey

Bedrooms 5

Annual Tax Amount $2,431

Tax Year 2025

Property Sub-Type Duplex

Property Description

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 up/down duplex! 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 duplex). 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 $1900/mo for Main Level Unit & $1250/mo for Upper Level Unit inclusive of utilties (or $1750/mo for Main Level Unit & $1100/mo for Upper Level Unit with tenants paying all utilities in additional to monthly rents).

Location

Province ON

County Middlesex

Area Middlesex

Zoning R2-2

Rooms

Basement Walk-Up, Unfinished, Development Potential

Kitchen 2

Interior

Interior Features Carpet Free, Accessory Apartment, Water Meter, Workbench, Storage

Cooling None

Inclusions 2 Stainless Steel Fridges, 2 Stainless Steel Stoves, 2 Stainless Steel Hood Vents, 2 Washers, 2 Dryers, Bathroom Mirrors, Window Coverings, Shed, 2 Garbage Cans, 2 Recycling Bins, 2 Compost Bins, Composter

Exterior

Exterior Feature Lighting, Porch, Year Round Living, Patio

Parking Features None

Pool None

View City

Roof Type Asphalt Shingle

Total Parking Spaces 6

Building

Building Age 100+

Foundation Brick

Others

ParcelsYN No

Virtual Tour https://unbranded.youriguide.com/524_simcoe_st_london_on/

Lited by EXP REALTY

GET MORE INFORMATION

+1(519) 871-4536

eric@cassidyrealestate.ca

https://www.cassidyrealestate.ca

145 Wharncliffe Rd S, London, ON, N6J 2K4, CAN