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184 SIMCOE STREET London, ON N6B1H9
5 Beds
4 Baths
2,999 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 2,999 sqft
Price per Sqft $275
Subdivision East K
MLS® Listing ID X9379118
Bedrooms 5
Originating Board Toronto Regional Real Estate Board
Property Description
**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 (id:24570)
Location
Province ON
Rooms
Extra Room 1 Main level 4.46 m X 3.24 m Kitchen
Interior
Heating Baseboard heaters
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 4
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by CENTURY 21 MILLENNIUM INC.