184 Simcoe St

London | East K | N6B 1H9
  • 4 + 1
  • 4
  • 0

Ask: $975,000 $825,900

Est. Mtg $2,800 /mo
  • Days on market

    56

  • Status

    Pc

Listing Broker CENTURY 21 MILLENNIUM INC.
Since listed: 0 views

Home details

MLS #:

X9379118

Property type:
Fourplex
Style:
2-Storey
Taxes:
$3,445
Possession:
TBA
Lot Front:
38.55   Feet
Lot Depth:
197.74   Feet
Basement:
Finished | Sep Entrance
Driveway Pkg:
4
Heat:
Electric | Baseboard

Description


184 Simcoe St, , London, Ontario is a Fourplex property in London and in the East K community in the N6B 1H9 postal code


**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).

Extras

Any chattels remaining on the property not belonging to Tenants.


History

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List Date End Date List Price End Price Status MLS #
2023-12 2024-10 $1,299,000 $1,299,000 Sus X7367166
2024-10 2024-11 $975,000 $825,900 Pc X9379118
2024-02 $269,500 $269,500 X7957610
2024-02 $679,800 $679,800 X7774536
2024-04 $1,299,000 $1,299,000 X8196002

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

London :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 184 Simcoe St

Based on available 3rd party data

$3222

Approximate costs per month

Mortgage
$2800 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$287 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker CENTURY 21 MILLENNIUM INC.
Data Source: TRREB

Payment calculator

$3087 monthly. In association with: TD Bank
%
  • Principal and Interest
    2800 /mo
  • Property Taxes
    $287 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Palma Dametto, Realtor

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