ON > London East > East K
London East, ON N6B 1J5,292 Simcoe ST
London East, ON N6B 1J5,292 Simcoe ST
London East, ON N6B 1J5,292 Simcoe ST
London East, ON N6B 1J5,292 Simcoe ST
London East, ON N6B 1J5,292 Simcoe ST
London East, ON N6B 1J5,292 Simcoe ST
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Sun
26
Oct
Mon
27
Oct
Tue
28
Oct
Mike Taylor

Mike Taylor

+1(705) 985-1110
$ 1,590,000
Est. payment | /mo

9 Beds

9 Baths

Save
$ 1,590,000
Est. payment | /mo
Save

9 Beds

9 Baths

Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 700-1100

Subdivision East K

MLS Listing ID X12381222

Style 2-Storey

Bedrooms 9

Tax Year 2025

Property Sub-Type Multiplex

Property Description

This place is absolutely money maker. Incredible cap rate of 6.5%. This lovely 5 unit town house consist of unit 1 1 bedroom upstairs with finished basement that has a laundry and rec room. unit 2,3,4 and 5 are exact same and they all are consist of 2 bedroom upstairs with a full bathroom as well as finished basement with full bathroom, rec room and laundry area. This lovely well managed complex has gone through full renovation in 2023. new 25 years warranty roof, new windows, new doors ,led lights all around ,new bathrooms, new electrical panels, new plumbing, new flooring, new paint, new kitchen and all units has stainless steel appliances. ( stove, range hood, fridge, dishwasher, washer and dryer) All units also have heat pumps on main and second floors that provide hot and cold air . 4 out of 5 units are fully rented. unit 4 is kept vacant for showing purpose. approximately 9k net profit per month. Beautiful multi unit investment opportunity in the downtown core. very low property taxes. huge back parking lot space can fit up to 12 cars.Video surveillance system help managing your investment.

Location

Province ON

County Middlesex

Community East K

Area Middlesex

Rooms

Family Room No

Basement Full, Finished

Kitchen 5

Interior

Interior Features Water Heater

Cooling Wall Unit(s)

Fireplace No

Heat Source Electric

Exterior

Parking Features Available

Pool None

View City

Roof Type Asphalt Shingle

Topography Dry

Lot Frontage 40.0

Lot Depth 165.0

Total Parking Spaces 12

Building

Building Age 51-99

Unit Features Hospital,Public Transit,School

Foundation Concrete

Others

ParcelsYN No

Listed by CENTURY 21 FIRST CANADIAN CORP
Mike Taylor

We know the real estate landscape, the best neighbourhoods, and how to build the best relationships. We’re committed to delivering exceptional service based on years of industry expertise and the heartfelt desire to get it right.

+1(705) 985-1110

mike@ninemilerealty.ca

183 Bayfield St, Barrie, ON, L4M 3B4, CAN

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Nine Mile Realty, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

292 Simcoe ST