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$379,900
Available - For Sale
Listing ID: X12114228
Incredible opportunity in the heart of London! Welcome to 524 Simcoe Street a spacious detached home currently used as a single-family residence, but formerly configured as a duplex (main level 3 bed, 1 bath + upper level 1 bed, 1 bath unit). Offering over 1,800 sq ft of potential, this home features 5 bedrooms, 2 full bathrooms, and a second living room upstairs, making it ideal for multi-generational living or a creative conversion back to income-generating use. The layout provides flexibility for those looking to live in one unit and rent out the other, or for a large family wanting ample space. The upper level still has plumbing and electrical hookups in place where the former kitchen once was, offering an easy path to reinstating the second unit. The fenced backyard is perfect for kids or pets, and the generous parking area easily accommodates multiple vehicles. Located just minutes from downtown, public transit, schools, and amenities convenience is at your doorstep. The home needs some TLC, but for the right buyer investor, renovator, or first-time buyer with vision this is an excellent chance to build equity in a growing neighborhood. Whether you restore its duplex functionality or continue as a spacious single-family home, the options here are endless.
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $84,950 $169,900 $254,850 $339,800
First Mortgage $1,614,050 $1,529,100 $1,444,150 $1,359,200
CMHC/GE $44,386.38 $30,582 $25,272.63 $0
Total Financing $1,658,436.38 $1,559,682 $1,469,422.63 $1,359,200
Monthly P&I $7,102.95 $6,680 $6,293.42 $5,821.35
Expenses $0 $0 $0 $0
Total Payment $7,102.95 $6,680 $6,293.42 $5,821.35
Income Required $266,360.79 $250,499.89 $236,003.37 $218,300.56

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
THE REALTY FIRM INC.

524 Simcoe Stre , London East, N6B 1K4, Middlesex

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MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Detached
Area: Middlesex
Municipality: London East
Neighbourhood: East L
Style: 2-Storey
Lot Size: x 100.30(Feet)
Approximate Age: 100+
Tax: $2,281
Maintenance Fee: $0
Beds: 5
Baths: 2
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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