184 Simcoe St

Power Of Sale

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$849,000

Details

Details

  • Status:
  • City:
    London
  • Style:
    2-Storey
  • Address:
    184 Simcoe St
  • Virtual Tour URL:
    https://my.matterport.com/show/?m=9CFkRSaf1Pm&mls=1

Key Facts

Essential insights to make informed decisions—everything you need to know in one place.

Name
Value
Name
Value
Mls
X9379118
Municipality
London 42.08
Municipalitydistrict
London
Area
Middlesex
Areacode
42
Community
East K
Province
Ontario
TypeOwn1Out
Fourplex
Maintenance
N/A
Approx square footage
3000-3500
Garage type
None
Extras
Any chattels remaining on the property not belonging to Tenants
Possession remarks
TBA

Overview

Shoreline Point Highlights
**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($1,600/m): Front door access on Main level, 1+1 bed, 4 pcs bath, recently renovated, Pot Lights , laminate flooring. Unit#2($1,025/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($1,200/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.

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$849,000
/
Monthly
  • Principal & Interest
  • Property Tax
  • Home Insurance

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