32 Simeon St
Kitchener
$799,000
Buy with Dwelly and Save $7,990
Home Details
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Listing Description
This property is perfect for Investors/buyers who appreciate distinguished homes and seek supplementary rental income or investment opportunities. Classic charm meets modern potential in this turn-key cash flow property, located in a prime downtown neighborhood. With a legal duplex and a basement in-law suite featuring a separate exit, this property offers versatile living arrangements. Plus, enjoy the convenience of three dedicated parking spaces in the back. This property boasts an impressive rental income of $4,550.00 per month, with a breakdown of $2,100.00 for the 3-bedroom unit, $1,900.00 for the 2-bedroom unit, and $550 for the in-law suite in basement. Tenants cover hydro costs, and the high-efficiency hot water boiler helps keep heating expenses low. All rental units are currently on a month-to-month basis, offering flexibility for new ownership. Financials are available upon request, and you'll find clean, low-maintenance units. Don't miss out on this unique opportunity!
Recent upgrades include updated electrical work (ESA approved) with two new panels and 120 AMP service, along with upgraded plumbing. The property features a total square footage of 2,248 sq ft.
City: Kitchener
Property History
Rooms
Room dimensions for 32 Simeon St, Kitchener
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 32 Simeon St is 4356
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $799000 |
| Down Payment | $159800 |
| Mortgage Insurance | $0 |
| Total Mortgage | $639200 |
Monthly Payment
| Mortgage Payment | $3939 |
| Property Taxes | $417 |
| Maintenance Fees | $0 |
| Monthly Payment | $4356 |
Sold Comparables
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About 32 Simeon St, Kitchener
Located at 32 Simeon St , this Kitchener house is available for sale. This property was listed for $799,000 on Thu Oct 10 2024. This house's size is 32.25 x 91.15 Feet. It has 5 bedrooms and 3 bathrooms. The property includes the following rooms: Kitchen, Dining, Br, Br, Bathroom, Br, Br, Br, Kitchen, Kitchen, Br, Living. This property comes with 3 parking spots.
MLS#: X9391148 · $799,000 · 5 bedroom house in Kitchener