184 Simcoe St
East K, London East
$729,900
Buy with Dwelly and Save $7,299
Home Details
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Listing Description
Turnkey fourplex generating approximately $5,500 in gross monthly income, or about $66,000 annually. After mortgage, insurance, and utilities, the property maintains a net positive cash flow, offering an estimated return of over 7%. The building includes four fully renovated units, each with its own kitchen and bath. Unit #1 rents for $1,750/month and features 2 bedrooms, a living room, kitchen, and bath. Unit #2 rents for $1,050/month, Unit #3 for $1,332.50/month, and Unit #4 for $1,230/month - each with 1 bedroom, kitchen, and bath. Coin laundry adds an additional $150/month. This solid brick building sits on a deep lot with over 5 parking spaces and zoning potential for rear parking. It includes 5 total bedrooms, 4 full bathrooms, and 4 kitchens, with 4 separate hydro meters. Additional features include baseboard electric heating in all units, a coin-operated washer and dryer, and a dedicated storage and utility room. The property is fully tenanted and ready for immediate cash flow.
dryer, refrigerator, stove, washer
City: London East
Neighborhood: East K
Property History
Rooms
Room dimensions for 184 Simcoe St, London East
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 184 Simcoe St is 3885
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $729900 |
| Down Payment | $145980 |
| Mortgage Insurance | $0 |
| Total Mortgage | $583920 |
Monthly Payment
| Mortgage Payment | $3598 |
| Property Taxes | $287 |
| Maintenance Fees | $0 |
| Monthly Payment | $3885 |
About 184 Simcoe St, London East
Located at 184 Simcoe St , this London East house is available for sale. This property was listed for $729,900 on Fri Oct 17 2025. This house's size is 2000-2500 Sqft. It has 5 bedrooms and 4 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 5 parking spots. 184 Simcoe St, London East is situated in the East K neighbourhood.
MLS#: X12469490 · $729,900 · 5 bedroom house in East K, London East