184 SIMCOE STREET, London East (east K), Ontario N6B 1H9, Canada
Listed By CENTURY 21 Millennium Inc. Brokerage
The Home for Sale located at London East (east K), Ontario N6B 1H9, Canada is currently for sale. London East (east K), Ontario N6B 1H9, Canada is listed for $543,941. This property has 6 bedrooms, 4 bathrooms features. If the property located at London East (east K), Ontario N6B 1H9, Canada isn't what you're looking for, visit https://www.century21global.com to see other Homes for Sale in London East (east K) .
Date Updated : Jun 2, 2025
MLS#: X12145406
$543,941 USD
CA$744,900 CAD
- Bedrooms6
- Bathrooms4
Property features
Other features
- Heating system: Baseboard Electric
Area
- Bedrooms: 6
- Bathrooms: 4
- Total rooms: 10
Description
$5,500 Income Per Month! Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,650/m) 1 + Den, Front door renovated: Unit#2($1,050/m): Access through rear, 1 Bed, renovated Unit#3($1,332/m): Access through rear main level door, 1 Bed, Unit#4($1,230/m): Access through rear lower level door, 1 Bed+den, Coin Laundry ($150/m): All units heated by baseboard electric. Deep lot for additional potential. R3-1 Zoning allows Fourplex. Landlord pays electric meter for common area coin laundry, Storage & utility room. Deep Lot, Additional potential ZONING ALLOWS PARKING IN REAR. Take advantage of Vendor Financing 6.5% interest. After Mortgage, insurance, utilities NET Income positive cashflow $1,362.10/m, Vendor Mortgage = $3,367/m; Collect rents+laundry = $5,500/m, Property taxes - $287/m, Utilities/Insurance - $496/m. NET INCOME $56,749. (id:42016)
Location
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