Property Details

497 SIMCOE Street, London, Ontario, N6B1K3

497 SIMCOE Street, London, Ontario, N6B1K3 (ID 40423271)
Representative
Sherry Farid portrait
Sherry Farid
Sales Representative, B.A., ABR, ASA
RE/MAX Centre City Realty Inc., Brokerage - REMAXLondon.com
Cell: 519-871-8998
Tel: 519-667-1800

$999,999 - For sale

ID#:40423271

Attention investors! Here's your chance to own not just one, but two properties in the sought-after Soho neighbourhood. This property offers a rare opportunity for any business owner looking to operate from a large 4-bay garage at the back of the property while generating rental income from the other two properties. The first property is currently vacant, featuring 2 bedrooms and 1 bathroom with fresh paint and recent renovations. Tons of room for storage in the basement. The second property features 2 bedrooms, 1 bathroom, with high ceilings throughout & an open-concept living space. Currently tenanted on a month to month lease paying $1,750. The fenced backyard provides privacy and the perfect space to relax. This property also offers a large 53 ft x 27.5 ft 4 bay garage in the back currently leased for $3,700 on month to month term. Tons of parking in back provided and the potential to finish off the upstairs of the garage for great office spaces. PLEASE SEE REFERENCE TO 501 SIMCOE ST. MLS:40418270 FOR ADDITIONAL PROPERTY LOCATED DIRECTLY BESIDE AVAILABLE FOR PURCHASE (id:2471)

Location DescriptionNorth on Wellington, right onto Simcoe

Property Details
  • Property Address:497 SIMCOE Street, London, Ontario, N6B1K3
  • Property Type:Multi-family
  • Title:Freehold
  • Acreage:under 1/2 acre
  • Sewage Type:Municipal sewage system
  • Water Type:Municipal water
  • Driveway:Detached Garage
Structure Details for 497 SIMCOE Street, London, Ontario, N6B1K3
  • Structure Style:Duplex
  • Bedrooms:4
  • Bathrooms:2
  • Floor Space:1009.0600
  • Heating Type:Natural gas, Forced air
  • Style:Detached
  • Storeys:1
  • Basement Type:Partial (Unfinished)
  • Foundation Type:Block
  • Cooling Type:Central air conditioning
  • Appliances Included:Dryer, Refrigerator, Stove, Washer
  • Exterior Type:Vinyl siding
Amenities for 497 SIMCOE Street, London, Ontario, N6B1K3 Park/reserve, Quiet Area, School Bus
  • Amenities Nearby:Hospital, Park, Place of Worship, Playground, Public Transit, Schools
Representative
Sherry Farid portrait
Sherry Farid
Sales Representative, B.A., ABR, ASA
RE/MAX Centre City Realty Inc., Brokerage - REMAXLondon.com
Cell: 519-871-8998
Tel: 519-667-1800
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497 SIMCOE Street, London, Ontario, N6B1K3

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