Just Listed
Address
100 - 102 Stanley Street, Simcoe, ON
Price
$ 498,000
Property Attributes
  • ID#40865427
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalitySimcoe
  • CitySimcoe
  • AreaSimcoe
  • NeighbourhoodTown of Simcoe
  • Postal CodeN3Y 1M4
  • Style
  • Price$ 498,000
  • Bedrooms4
  • Bathrooms4
  • Half Bathrooms0
  • Sqr Footage2600
Data Source:
Canadian Real Estate Association (CREA)
Property Description

Attention investors! Rare opportunity to purchase both sides of a semi-detached property together as one package. Each side is a separate property, offering potential for investors, multi-generational living, or future resale as individual units. This fully rented fourplex offers immediate cash flow and is an excellent addition to any real estate portfolio. Each unit features 1 bedroom, a full kitchen, and a 4-piece bathroom, providing comfortable living accommodations for tenants. The property offers ample parking for all units, making it highly desirable for renters. An on-site laundry facility adds convenience, while the detached garage provides valuable storage space for equipment, maintenance supplies, or personal belongings. Ideally located close to shopping, schools, restaurants, and other amenities in the heart of Simcoe, this income-producing property combines strong rental appeal with long-term investment potential. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others this is an opportunity you won't want to miss! (id:7434)

General Features

Features Crushed stone driveway, Laundry- Coin operated
Property Type Multi-family
Zoning Description R2
Amenities Golf Nearby, Public Transit, Schools, Shopping
Building Cooling Type None
Parking Space Total 8
Building Type Fourplex
Ownership Type Freehold
Building.StoriesTotal 2

Interior Features

Building Fireplace Present False
Building Heating Type Baseboard heaters, Forced air, Radiant heat
Building Heating Fuel Natural gas
Basement Development Partially finished
Basement Type Full (Partially finished)
Living Area Range 2600
Bedrooms 4

Exterior Features

Land Amenities Golf Nearby, Public Transit, Schools, Shopping
Sewer Municipal sewage system
Exterior Finish Aluminum siding, Metal, Vinyl siding

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in N3Y 1M4

Price
AVG $500K
$500K