358 SIMCOE STREET
- 3 bed
- 2 bath
- 1500 - 2000 sqft
$420,000
Your
status: Active
For sale
Property Type
Single Family
- Building Type
- House
- Features
- Flat site
- Ammenities Near By
- Hospital, Public Transit, Place of Worship
- Style
- Detached
- Land Size
- 39 x 165 FT
- Age
- 100+ years
- MLS®#
- X12842376
Ownership Type
Freehold
- Listed By
- BLUE FOREST REALTY INC.
Rent vs Buy
Making the Right Financial Choice
Need a Mortgage?
Rates as low as
4.99%
Mortgage Helper Opportunity Welcome to 358 Simcoe Street, located in Londons energetic and evolving SOHO district. Whether youre an investor looking for solid cash flow, a first-time buyer hoping to offset your mortgage, or someone wanting flexibility in a growing neighbourhood, this property checks the boxes. Currently generating 3,500 per month in rental income (Front 2-Bedroom: 2,000 Back 1-Bedroom: 1,500), this home offers two self-contained living spaces designed for both function and comfort. The front unit features an updated kitchen complete with modern cabinetry, stainless steel appliances, a sleek tile backsplash, and a butcher block island that anchors the space beautifully. The open living area flows into a diningrec space highlighted by soaring cathedral ceilings and exposed wood beams - creating warmth and character you dont often find. Two spacious bedrooms and a bright four-piece bathroom complete the layout. Step outside to a generous patio, perfect for relaxing or entertaining. The rear unit offers its own inviting charm, beginning with a cozy sunroom that leads into a well-sized kitchen and dining area. The living room features impressive ceiling height, creating an airy yet comfortable atmosphere. A large bedroom and three-piece bath make this space ideal for tenants or extended family. Outside, the surprisingly deep backyard includes a stone patio, ample green space, and a substantial storage shed - a rare find this close to downtown. Parking for up to five vehicles adds even more practicality. An exceptional opportunity in one of Londons most promising neighbourhoods - whether youre building your portfolio or stepping into homeownership with added income potential, 358 Simcoe Street is worth a closer look. (id:6772)
Property
Transaction Type
For sale
Attachment
Detached
Land Size
39 x 165 FT
Age
100+ years
MLS®#
X12842376
Inside
Bedrooms
3
Bathrooms
2
Fireplace
False
Building
Basement
N/A (Unfinished)
Basement Status
Unfinished
Heating
Radiant heat
Heating Fuel
Other
Cooling
None
Structure
Patio(s), Porch
Total Stories
1
Parking
Parking Space
No Garage
Utilities
Water
Municipal water
Water Front Name
River/Stream
Cable
Installed
Electricity
Installed
Sewer
Installed
Land
Features
Flat site
Ammenities Near By
Hospital, Public Transit, Place of Worship
Sewer
Sanitary sewer
Location Description
Installed
Community Name
East K
Land Size
39 x 165 FT
Size Interior
1500 - 2000 sqft
Listed by
BLUE FOREST REALTY INC.
Rooms
| Laundry room
Lower level
|
3.17 m x 5.66 m | |
| Utility room
Lower level
|
3.52 m x 8.28 m | |
| Utility room
Lower level
|
6.94 m x 5.83 m | |
| Kitchen
Main level
|
3.11 m x 4.92 m | |
| Living room
Main level
|
5.24 m x 4.93 m | |
| Bathroom
Main level
|
2.03 m x 1.92 m | |
| Dining room
Main level
|
4.74 m x 3.37 m | |
| Living room
Main level
|
4.14 m x 4.22 m | |
| Bedroom
Main level
|
3.04 m x 3.96 m | |
| Bedroom 2
Main level
|
3.11 m x 3.05 m | |
| Bathroom
Main level
|
2.51 m x 2.17 m | |
| Kitchen
Main level
|
3.99 m x 3.04 m | |
| Dining room
Main level
|
2.88 m x 2.42 m | |
| Bedroom
Main level
|
2.88 m x 2.42 m | |
| Sunroom
Main level
|
4.22 m x 1.85 m |
The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association.
