view of front of house featuring a porch, brick siding, and decorative driveway Features: fence, porch More Photos

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    For Sale - 358 Simcoe Street, London East, Ontario

    Est payment $1,921/mo
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    Views   1
    Time on Jump  120 day

    AI Summary *

    • Located in the vibrant SOHO district, great for investors or first-time buyers.
    • Generates $3,500 monthly rental income from two separate living spaces.
    • Front unit boasts updated kitchen with modern appliances and cathedral ceilings.
    • Rear unit features a sunroom and spacious living room for comfort.
    • Large backyard with a stone patio, green space, and room for five vehicles.




    Mortgage helper opportunity! Welcome to 358 simcoe street, located in london's energetic and evolving soho district. Whether you're an investor looking for solid cash flow, a first-time buyer hoping to offset your mortgage, or someone wanting flexibility in a growing neighbourhood, this property checks the boxes. Currently generating $3,500 per month in rental income (front 2-bedroom: $2,000 / back 1-bedroom: $1,500), this home offers two self-contained living spaces designed for both function and comfort. The front unit features an updated kitchen complete with modern cabinetry, stainless steel appliances, a sleek tile backsplash, and a butcher block island that anchors the space beautifully. The open living area flows into a dining/rec space highlighted by soaring cathedral ceilings and exposed wood beams - creating warmth and character you don't often find. Two spacious bedrooms and a bright four-piece bathroom complete the layout. Step outside to a generous patio, perfect for relaxing or entertaining. The rear unit offers its own inviting charm, beginning with a cozy sunroom that leads into a well-sized kitchen and dining area. The living room features impressive ceiling height, creating an airy yet comfortable atmosphere. A large bedroom and three-piece bath make this space ideal for tenants or extended family. Outside, the surprisingly deep backyard includes a stone patio, ample green space, and a substantial storage shed - a rare find this close to downtown. Parking for up to five vehicles adds even more practicality. An exceptional opportunity in one of london's most promising neighbourhoods - whether you're building your portfolio or stepping into homeownership with added income potential, 358 simcoe street is worth a closer look.
    Listing IDX12842376
    Address358 Simcoe Street
    CityLondon East, Ontario
    Price$399,999
    Bed / Bath3 / 2 Full
    StyleBungalow, Detached
    ConstructionVinyl Siding
    Land Size6435
    TypeResidential
    StatusFor Sale

    Subtype DetachedIndoor Features Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor, Separate Hydro MeterOutdoor Features Patio, Porch, LandscapedAmenities River/Stream, Hospital, Public Transit, Place Of WorshipOwnership FreeholdBasement UnfinishedFoundation Concrete Block, Poured Concrete, BrickHeating / Cooling RadiantHeating Fuel OtherSewer Sewer

    Parking 5.00
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    Listing Agency:  BLUE FOREST REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

    Hospital
    Parks
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    Place of Worship
    Please select an amenity above to view a list.

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    358 Simcoe Street
    London East , Ontario
    3 2 $399,999
    Get more info