Detached House for sale at 358 Simcoe Street, London East, Ontario, N6B 1J7 - East K - MLS: X12842376

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358 Simcoe Street

London East, Ontario, N6B 1J7 - East K

$420,000

Neighbourhood

East K
Major Intersection

Wellington/Horton

Listed Since: 45 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

$3,319.00 (2025)
Type

Freehold

Property Description

Property description for 358 Simcoe Street, London East

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.

Listed by BLUE FOREST REALTY INC.

Property details

MLS #

X12842376
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 #

X12842376
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 3 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

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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

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