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$825,900
Available - For Sale
Listing ID: X9379118
**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($1,640/m): Front door access on Main level, 1+1 bed, 4 pcs bath, recently renovated, Pot Lights , laminate flooring. Unit#2($1,050/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($1,230/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. NET INCOME $55,759 (buyer to verify)
Extras:   Any chattels remaining on the property not belonging to Tenants
Price $825,900
Taxes: $3,445.15
Address: 184 Simcoe St , London, N6B 1H9, Ontario
Lot Size: 38.55 x 197.74 (Feet)
Directions/Cross Streets: Simcoe St/Richmond St
Rooms: 13
Rooms +: 5
Bedrooms: 4
Bedrooms +: 1
Washrooms: 4
Kitchens: 3
Kitchens +: 1
Family Room: Y
Basement: Finished
Sep Entrance
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Main Kitchen 14.63 10.63
No. of Pieces Level
Washroom 1 4 Ground
Washroom 2 4 Bsmt
Washroom 3 4 Upper
Property Type: Fourplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Private
Drive Parking Spaces: 4
Pool: None
Approximatly Square Footage: 3000-3500
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Baseboard
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 MILLENNIUM INC.

184 Simcoe St , London, N6B 1H9, Ontario


 
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At a Glance:
Type: Freehold - Fourplex
Area: Middlesex
Municipality: London
Neighbourhood: East K
Style: 2-Storey
Lot Size: 38.55 x 197.74(Feet)
Approximate Age:
Tax: $3,445.15
Maintenance Fee: $0
Beds: 4+1
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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