184 Simcoe St London, ON N6B 1H9
Listing Courtesy of: TORONTO IDX / Century 21 Millennium Inc. Brokerage / Ryan Anderson

  184 Simcoe St London, ON N6B 1H9

Active
$825,900
5
BED
4
BATH
3000-3500
SQFT

Description

**Seller willing to Hold Financing!** 1st mortgage @6%/yr**legal Rent increases due(+$100/m)** Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,640/m): Front door access on Main level, 1+1 bed, 4 pcs bath, recently renovated, Pot Lights , laminate flooring. Unit#2($1,050/m): Access through rear, main level door, 1 Bed, 4 pcs bath, renovated with pot lights & laminated floor. Unit#3($1,300/m): Access through rear main level door, use common area stair to second level, 1 Bed, 4 pcs bathroom , eat in kitchen, laminate flooring. Unit#4($1,230/m): Access through rear lower level door, 1 Bed+den, kitchen living combined, 4 pcs bathroom. Coin Laundry ($150/m): through rear lower Level door, Landlord pays electric meter for common area coin laundry, Storage & utility room. All units heated by baseboard electric. Deep lot for additional potential. R3-1 Zoning allows Fourplex. This property currently ***Under Power of Sale*** Buyer will complete their own due diligence, accept the property as is. Seller cannot offer any warranties. NET INCOME $55,759 (buyer to verify)

MLS®:
X9379118
Taxes
$3,445(2024)
Type
Multifamily
Style
2-Storey
County
Middlesex County
Community
East K

Listed By

Ryan Anderson, Century 21 Millennium Inc. Brokerage
Source
TORONTO IDX
Last checked Dec 21 2024 at 8:04 AM EST
Bathroom Details
Interior Features
  • Any Chattels Remaining on the Property Not Belonging to Tenants
Heating and Cooling
  • Baseboard
  • None
Basement Information
  • Finished
  • Sep Entrance
Exterior Features
  • Brick
Utility Information
  • Sewer: Sewers
  • Fuel: Electric
Garage
  • None
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Listing Price History

Date
Event
Price
% Change
$ (+/-)
Nov 15, 2024
Price Changed
$825,900
-3%
-23,100
Oct 26, 2024
Price Changed
$849,000
-6%
-50,000
Oct 08, 2024
Price Changed
$899,000
-8%
-76,000
Disclaimer: Copyright 2024 Toronto IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 12/21/24 00:04