ON > Middlesex > East K
Middlesex, ON N6B 1H9,184 Simcoe ST
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Middlesex, ON N6B 1H9,184 Simcoe ST
Middlesex, ON N6B 1H9,184 Simcoe ST
Middlesex, ON N6B 1H9,184 Simcoe ST
Middlesex, ON N6B 1H9,184 Simcoe ST
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Jethro Seymour

Jethro Seymour

+1(416) 712-0767
$ 729,900
Est. payment /mo
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Active

184 Simcoe ST Middlesex, ON N6B 1H9

6 Beds

4 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision East K

MLS Listing ID X12469490

Style 2-Storey

Bedrooms 6

Annual Tax Amount $3,445

Tax Year 2024

Property Sub-Type Fourplex

Lot Depth 197.74

Lot Front 38.55

Appx SqFt 2000-2500

Property 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.

Location

Province ON

County Middlesex

Community East K

Area Middlesex

Rooms

Family Room No

Basement Finished

Kitchen 4

Separate Den/Office 1

Interior

Interior Features Carpet Free

Cooling Other

Fireplace No

Heat Source Electric

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 38.55

Lot Depth 197.74

Total Parking Spaces 5

Building

Foundation Concrete

Others

ParcelsYN No

Listed by COMFREE
Jethro Seymour

Jethro Seymour

Broker

+1(416) 712-0767

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184 Simcoe ST

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