Detached House for sale at 358 Simcoe Street, London East, Ontario, N6B 1J7 - East K - MLS: X12395053

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358 Simcoe Street

London East, Ontario, N6B 1J7 - East K

$509,999

Neighbourhood

East K
Major Intersection

Wellington Road/Horton

Listed Since: 1 day(s)
Last update: today

Overview

Property Type

Detached, Bungalow
Bedrooms

3
Bathrooms

2
Basement

Unfinished
Kitchen

2
Total Parking

5
Lot Size

39x165 (Feet)
Taxes

$3,115.00 (2024)
Type

Freehold

Property Description

Property description for 358 Simcoe Street, London East

Mortgage Helper! Welcome to 358 Simcoe Street in the vibrant SOHO neighborhood of London, Ontario! This versatile property is perfect for investors, first-time homebuyers, or anyone seeking a fantastic opportunity in a up-and-coming community. Currently rented for a total of $3500/month (Front 2 Bedroom rented for $2000/ Back 1 Bedroom rented for $1500) With two separate living spaces, this home offers both comfort and convenience. The front unit boasts a beautifully updated kitchen with modern, 3-year-old cabinetry, stainless steel appliances, a stylish tile backsplash, and a charming butcher block island perfect for meal prep and gatherings. The spacious living room and the dining/rec room, featuring a stunning cathedral ceiling with exposed wood beams, create a warm and inviting atmosphere. You'll find two generous bedrooms and a large, bright four-piece bathroom that completes this lovely space. Step outside onto the large patio, where you can enjoy the picturesque surroundings of this friendly neighbourhood. The back unit offers a cozy sunroom that flows seamlessly into a sizable kitchen and dining area, making it perfect for entertaining or relaxing. The large living room, with its high ceilings, is ideal for cozy movie nights or enjoying your favorite book. There's also a comfortable bedroom and a well-appointed three-piece bathroom, making this space a true retreat. The backyard is surprisingly spacious, featuring a charming stone patio, a sizable shed for your storage needs, and a sense of privacy that's often hard to find in the downtown core. Plus, parking for five vehicles adds to the convenience. This is a truly unique opportunity to own a versatile property in a dynamic, up-and-coming area, where community spirit and vibrancy thrive. Don't miss out on making this wonderful house your new home or investment!

Listed by BLUE FOREST REALTY INC.

Property details

MLS #

X12395053
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

100+
Pool

None
Drive

Private
Garage

None
Total Parking

5
Family Room

Y
Den

Y
Exterior

Vinyl Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete Block, Poured Concrete, Brick
Elevator

N
Water View

n/a
Laundry Level

Lower
Heat

Radiant
A/C

None
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

X12395053
Sq. Ft

1500-2000
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

100+
Pool

None
Drive

Private
Garage

None
Total Parking

5
Family Room

Y
Den

Y
Exterior

Vinyl Siding
Fireplace

N
Roof

Asphalt Shingle
Foundation

Concrete Block, Poured Concrete, Brick
Elevator

N
Water View

n/a
Laundry Level

Lower
Heat

Radiant
A/C

None
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Kitchen

3.11 x 4.92 ft Main level
Dining

4.74 x 3.37 ft Main level
Living

4.14 x 4.22 ft Main level
Br

3.04 x 3.96 ft Main level
2nd Br

3.11 x 3.05 ft Main level
Bathroom

2.51 x 2.17 ft Main level
Kitchen

3.99 x 3.04 ft Main level
Dining

2.88 x 2.42 ft Main level
Br

2.88 x 2.42 ft Main level
Sunroom

4.22 x 1.85 ft Main level
Living

5.24 x 4.93 ft Main level
Bathroom

2.03 x 1.92 ft Main level
Laundry

3.17 x 5.66 ft Lower level
Utility

3.52 x 8.28 ft Lower level
Utility

6.94 x 5.83 ft Lower level

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 358 Simcoe Street, London East

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

Estimated price

Date

Price

Change

2025-09-10

$501,598

1.22%

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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