ON > Simcoe > Town Of Simcoe
Simcoe, ON N3Y1B3,9 CHERRY Street
Simcoe, ON N3Y1B3,9 CHERRY Street
Simcoe, ON N3Y1B3,9 CHERRY Street
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Gail Reeves Reid

Gail Reeves Reid

+1(416) 540-8681
$584,900
Est. payment /mo
6 Beds
2 Baths
2,180 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Freehold

Listing Status Active

Purchase Type For Sale

Square Footage 2,180 sqft

Price per Sqft $268

Subdivision Town Of Simcoe

MLS® Listing ID 40711971

Bedrooms 6

Property Sub-Type Freehold

Source Brantford Regional Real Estate Assn Inc

Property Description

Exceptional Investment Opportunity! Turnkey Duplex with Strong Rental Income This updated, purpose-built duplex is a prime investment property, generating an impressive $44,904 annually in gross rental income. Located in a highly desirable Simcoe neighborhood, this property is just minutes from shopping, schools, parks, and scenic trails. The duplex features two spacious 3-bedroom units, each with its own private driveway and separate meters for added convenience. Both units have been thoughtfully updated with modern finishes, including brand-new kitchens (2021), flooring (2022), bathrooms (2021), and roof (2021). Additionally, both units are equipped with four-head split ductless AC/heat pumps (2021), ensuring year-round comfort and energy efficiency. Sitting on a large lot, this property offers plenty of potential and is ideally situated near essential amenities. Whether you're an investor looking for a steady income stream or a homeowner seeking extra rental income, this duplex is an excellent choice. Upper Unit pays $1900 plus heat and hydro. Lower Unit pays $1842 plus heat and hydro. Don't miss out on this turnkey investment opportunity—schedule your viewing today! (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating , Heat Pump

Cooling Ductless

Exterior

Parking Features No

View Y/N No

Total Parking Spaces 2

Private Pool No

Building

Story 1

Sewer Municipal sewage system

Others

Ownership Freehold

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Listed by Re/Max Twin City Realty Inc.

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agent

Gail Reeves Reid

+1(416) 540-8681

Broker | License ID: 9520476

Broker License ID: 9520476

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