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 $2000/mo for Main Level Unit & $1300/mo for Upper Level Unit inclusive of utilties (or $1850/mo for Main Level Unit & $1250/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: Partial
Construction Style - Attachment: Detached
Exterior Finish: Brick
Fixture: Ceiling fans
Floor Space: 1542 sqft
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None
Appliances: Dryer, Refrigerator, Stove, Water meter, Washer

Property Features:

OwnershipType: Freehold
Property Type: Single Family
Bedrooms: 5
Bathrooms: 3
Half Bathrooms: 2
Amenities Nearby: Hospital, Park, Playground, Schools, Shopping
Built in: 1896
Community Features: Community Centre, School Bus
Features: Southern exposure, Paved driveway
Floor Space (approx): 1542 Square Feet
Irregular: Yes
Lot Depth: 100 Feet
Lot Frontage: 47 Feet
Lot Size: 0.11 Acres
Structure Type: Porch
Utility Type: Telephone - Available, Cable - Available, Hydro - Available, Natural Gas - Available
View Type: City view
Zoning: R2-2
Sewer: Municipal sewage system
No. of Parking Spaces: 6

Rooms:

Bathroom 2nd Level 7'6'' x 9'6''
Kitchen 2nd Level 10'9'' x 11'4''
Bedroom 2nd Level 10'0'' x 10'9''
Primary Bedroom 2nd Level 10'0'' x 12'6''
Storage Basement Level 8'9'' x 15'8''
Storage Basement Level 7'6'' x 13'7''
Laundry Basement Level 15'6'' x 10'11''
Living Main Level 13'9'' x 11'5''
Kitchen Main Level 11'2'' x 14'1''
Family Main Level 11'8'' x 10'9''
Bedroom Main Level 7'9'' x 9'4''
Bedroom Main Level 9'5'' x 11'6''
Primary Bedroom Main Level 12'0'' x 11'6''
Bathroom Main Level 5'5'' x 7'1''
Bathroom Main Level 6'0'' x 8'1''

Courtesy of: EXP REALTY

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Demographic Information of 524 SIMCOE Street, London, 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, Ontario, N6B 1K4