Property Information:

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 two storey property! 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 property). 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). (id:27)

Building Features:

Style: Detached
Building Type: House
Basement Development: Unfinished
Basement Type: N/A, N/A
Construction Style - Attachment: Detached
Exterior Finish: Brick
Fire Protection: Smoke Detectors
Floor Space: 1500 - 2000 sqft
Foundation Type:
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Water meter, Dryer, Hood Fan, Stove, Window Coverings, Refrigerator

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 5
Bathrooms: 3
Half Bathrooms: 2
Amenities Nearby: Schools
Community Features: School Bus, Community Centre
Features: Level lot, Flat site, Lighting, Carpet Free
Fence Type: Fenced yard
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 100.2 Feet
Lot Frontage: 46.5 Feet
Lot Size: 46.5 x 100.3 FT
Structure Type: Porch, Patio(s), Shed
Utility Type: Hydro - Installed, Cable - Available, Sewer - Installed
View Type: City view
Zoning: R2-2
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 6

Rooms:

Laundry Basement Level 4.74 m x 3.32 m
Other Basement Level 2.67 m x 4.76 m
Other Basement Level 2.28 m x 4.17 m
Bathroom Main Level 1.82 m x 2.47 m
Bathroom Main Level 1.68 m x 2.16 m
Primary Bedroom Main Level 3.67 m x 3.53 m
2nd Bedroom Main Level 2.88 m x 3.50 m
3rd Bedroom Main Level 2.39 m x 2.86 m
Family Main Level 3.56 m x 3.26 m
Kitchen Main Level 3.41 m x 4.29 m
Living Main Level 4.20 m x 3.48 m
Primary Bedroom Upper Level 3.05 m x 3.73 m
2nd Bedroom Upper Level 3.05 m x 3.27 m
Kitchen Upper Level 2.99 m x 3.45 m

Convert Measurement to:

Courtesy of: EXP REALTY

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Demographic Information of 524 SIMCOE STREET, London East (East K), Ontario, N6B 1K4

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$76,516.63

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

31.89 %

High school certificate or equivalent

35.1 %

Apprenticeship trade certificate/diploma

6.57 %

College/non-university certificate

18.88 %

University certificate (below bachelor)

0.57 %

University Degree

6.99 %

Commuter

Travel To Work

By Car

77.74 %

By Public Transit

13.06 %

By Walking

5.56 %

By Bicycle

0.0 %

By Other Methods

3.64 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.74 %

Houses

66.26 %

524 SIMCOE STREET, London East (East K), Ontario, N6B 1K4