For Sale - 524 Simcoe Street, London East, Ontario

Est payment $1,820/mo
Views   1
Time on Jump  1 days
  • Spacious two-storey property with main and upper level units for flexibility.
  • Great for first-time buyers, investors, or multi-generational living.
  • Large fenced backyard perfect for kids and pets to play.
  • Ample parking space for up to six vehicles available.
  • Conveniently located near downtown, schools, and public transit.



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).
Listing IDX12922324
Address524 Simcoe Street
CityLondon East, Ontario
Price$379,000
Bed / Bath5 / 3 Full
Style2-Storey, Detached
ConstructionBrick
Land Size0.107
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Carpet Free, Accessory Apartment, Water Meter, Workbench, StorageOutdoor Features Lighting, Porch, Year Round Living, PatioAmenities Fenced Yard, Level, School Bus Route, Rec./Commun.Centre, School, Place Of WorshipOwnership FreeholdViews CityBasement Walk-Up, Unfinished, Development PotentialFoundation BrickHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 6.00
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Listing Agency:  EXP REALTY

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524 Simcoe Street
London East , Ontario
5 3 $379,000
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