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:56069)
| MLS® Number | X11992024 |
| Property Type | Multi-family |
| Neigbourhood | Central London |
| Community Name | East K |
| Parking Space Total | 8 |
| Bathroom Total | 4 |
| Bedrooms Above Ground | 5 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 6 |
| Appliances | Dryer, Washer |
| Basement Development | Finished |
| Basement Features | Separate Entrance |
| Basement Type | N/a (finished) |
| Construction Style Split Level | Backsplit |
| Exterior Finish | Brick |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Size Interior | 2,000 - 2,500 Ft2 |
| Type | Fourplex |
| Utility Water | Municipal Water |
| No Garage |
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 197 Ft ,8 In |
| Size Frontage | 38 Ft ,7 In |
| Size Irregular | 38.6 X 197.7 Ft ; Deep Lot |
| Size Total Text | 38.6 X 197.7 Ft ; Deep Lot |
| Level | Type | Length | Width | Dimensions |
|---|
6 public & 6 Catholic schools serve this home. Of these, 9 have catchments. There are 2 private schools nearby.
4 trails are within a 20 min walk of this home.
Street transit stop less than a 2 min walk away. Rail transit stop less than 1 km away.
Unfortunately this location does not yet exist in Google Street View.
https://www.realtor.ca/real-estate/27961102/184-simcoe-street-london-east-k
Contact us for more information
Ryan Anderson
Salesperson
(905) 450-8300
www.c21m.ca/
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