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Well Managed, Turn key in Good repair! Brick building with 5 + parking, 4 Separate meters, Coin Washer & Dryer. Unit#1($1,750/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): 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**EXTRAS** Any chattels remaining on the property not belonging to Tenants. LIVE IN VACANT FRONT UNIT Vendor Mortgage = $3,367/m; Collect 3 rents+laundry = $3,762/m, Property taxes - $287/m, Utilities/Insurance - $496/m live here your Total monthly payment = $338/m with minimum Down Payment!
Currently on the property : common area Coin Washer and Dryer, gas Tankless hot water system, in possession of Seller, with ownership unknown.
City: London
Neighborhood: East K
| Listing Date | DOM | List Price | Sold Price | Event | MLS ID |
|---|---|---|---|---|---|
| Jan 13, 2025 | 45 | $798,500 | N/A | Terminated | X11920804 |
| Oct 2, 2024 | 101 | $825,900 | N/A | Terminated | X9379118 |
| Jan 13, 2024 | N/A | $1,299,000 | N/A | Sold | X8196002 |
| Dec 23, 2023 | N/A | $269,500 | N/A | Sold | X7957610 |
| Dec 22, 2023 | 285 | $1,299,000 | N/A | Suspended | X7367166 |
| Nov 10, 2023 | N/A | $679,800 | N/A | Sold | X7774536 |
| Sep 16, 2023 | N/A | $295,000 | N/A | Sold | X7831351 |

| Purchase Price | $777000 |
| Down Payment | $155400 |
| Mortgage Insurance | $0 |
| Total Mortgage | $621600 |
| Mortgage Payment | $3830 |
| Property Taxes | $287 |
| Maintenance Fees | $0 |
| Monthly Payment | $4118 |
Located at 184 Simcoe St , this London house is available for sale. This property was listed for $764,900 on Wed Apr 16 2025. This house's size is 2000-2500 Sqft. It has 5 bedrooms and 4 bathrooms. The property includes the following rooms: Kitchen. This property comes with 8 parking spots. 184 Simcoe St, London is situated in the East K neighbourhood.
MLS#: X11992024 · $764,900 · 5 bedroom house in East K, London