<-- style PDP --> 524 Simcoe Street, London - Duplex Up/Down for sale for $349,995
  • sold

524 Simcoe Street

London, ON, N6B 1K4 - East K

$349,995$000000

  • Neighbourhood

    East K

  • Major Intersection

  • Listed Since: 171 day(s)

  • Last update: 103 day(s) ago

Overview

  • Property Type

    Duplex Up/Down, Residential Income

  • Bedrooms

    n/a

  • Bathrooms

    3

  • Basement

    Walk-Up Access, Partial, Unfinished

  • Kitchen

    n/a

  • Total Parking

    6

  • Lot Size

    46.54x100.3 (Acres)

  • Taxes

    $2,431.00 (2025)

  • Type

    Freehold

Property Description

Property description for 524 Simcoe Street, London

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 $2000/mo for Main Level Unit & $1300/mo for Upper Level Unit inclusive of utilties (or $1850/mo for Main Level Unit & $1150/mo for Upper Level Unit with tenants paying all utilities in additional to monthly rents).

Listed by EXP REALTY

  • MLS #

    40822062

  • Sq. Ft

    1542

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    1896

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    6

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Brick

  • Fireplace

    n/a

  • Roof

    Asphalt Shing

  • Foundation

    Brick/Mortar, Concrete Block, Poured Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air, Natural Gas

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

  • MLS #

    40822062

  • Sq. Ft

    1542

  • Sq. Ft. Source

    MLS

  • Lot Irregularities

    n/a

  • Year Built

    1896

  • Pool

    n/a

  • Drive

    n/a

  • Garage

    n/a

  • Total Parking

    6

  • Family Room

    n/a

  • Den

    n/a

  • Exterior

    Brick

  • Fireplace

    n/a

  • Roof

    Asphalt Shing

  • Foundation

    Brick/Mortar, Concrete Block, Poured Concrete

  • Elevator

    n/a

  • Water View

    n/a

  • Laundry Level

    n/a

  • Heat

    Forced Air, Natural Gas

  • A/C

    None

  • Water

    Municipal

  • Water Supply

    n/a

  • Sewers

    n/a

  • Central Vac

    n/a

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

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Contact Manoj Kukreja

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

Manoj profile avatar

Property History

Property history for 524 Simcoe Street, London

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

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Mortgage Calculator

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Mortgage Payment per month

Principal Amount

Interest

Total Payable

Amortization

Amortization

Closing Cost Calculator

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Closing Cost Total for this property

Total Cash flow for purchasing this property

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

Down Payment(%)*

* 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.

Thinking of Selling?

Find Out Your Home’s Value in Today’s Market!

No Email or Signup is required to view your home estimate.

estimate your home value

Contact Manoj Kukreja

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

Manoj profile avatar

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