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$ 777,000
Est. payment /mo
Active
184 SIMCOE STREET London, ON N6B1H9
6 Beds
4 Baths
2,999 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,999 sqft
Price per Sqft $259
Subdivision East K
MLS® Listing ID X11992024
Bedrooms 6
Originating Board Toronto Regional Real Estate Board
Property Description
Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,750/m) 1 + Den, Front door renovated: Unit#2($1,050/m): Access through rear, 1 Bed, renovated Unit#3($1,332/m): Access through rear main level door, 1 Bed, Unit#4($1,230/m): Access through rear lower level door, 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 cashflow $1,362.10/m**EXTRAS** Any chattels remaining on the property not belonging to Tenants. LIVE IN VACANT FRONT UNIT Vendor Mortgage = $3,367/m; Collect 3 rents+laundry = $3,762/m, Property taxes - $287/m, Utilities/Insurance - $496/m live here your Total monthly payment = $338/m with minimum Down Payment! (id:24570)
Location
Province ON
Rooms
Kitchen 1.0
Extra Room 1 Main level 4.46 m X 0.324 m Kitchen
Interior
Heating Baseboard heaters
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 8
Private Pool No
Building
Sewer Sanitary sewer
Listed by CENTURY 21 MILLENNIUM INC.