524 Simcoe Street
About this home
524 Simcoe Street offers a great opportunity for a mortgage helper (ideal for first time Buyers), investors, or multi-generational families to aquire a spacious detached two storey property! This property features a Main Level 3 Bedroom and 1 Bath unit accross the entire main floor w/ a large unfinished basement ideal for storage & an Upper Level 2 Bed and 1 Bath Unit. In total this property features nearly 1,900 sq ft of newly renovated main and upper levels and a very functional unfinished basement (replacement value to rebuild would be approximately $500,000). Each unit includes a full laundry set w/ washer and dryer. Ample upgrades to the property include stainless steel stove,fridge, and range hoods in both units; revitalized kitchen with new countertops and sink in Lower Unit w/ entirely new kitchen in the Upper Unit; Washrooms have newly retiled shower enclosures, new vanities, LED Mirrors, new energy efficient toilets,and shower heads; floors have been levelled and include luxury vinyl plank flooring throughout (carpet free property). The layout provides flexibility for those looking to live in one unit and rent out the other, or for family accross multiple generations looking to live under the same roof but with seperation between units. The large fenced backyard is ideal for families with kids and for pet owners. The spacious driveway features parking for up to six vehicles. The location situates the property near downtown, with direct access to public transit, close proximity to schools, and many amenities in the area. Seller open to rent one or more units for Closing; projected rents are $1900/mo for Main Level Unit & $1250/mo for Upper Level Unit inclusive of utilties (or $1750/mo for Main Level Unit & $1100/mo for Upper Level Unit with tenants paying all utilities in additional to monthly rents).
Rooms
| Bathroom | 1.82 × 2.47 m | 2 Pc Bath |
| Bathroom | 1.68 × 2.16 m | 2 Pc Bath |
| Primary Bedroom | 3.67 × 3.53 m | |
| Bedroom 2 | 2.88 × 3.50 m | |
| Bedroom 3 | 2.39 × 2.86 m | |
| Family Room | 3.56 × 3.26 m | |
| Kitchen | 3.41 × 4.29 m | |
| Living Room | 4.20 × 3.48 m |
| Kitchen | 2.99 × 3.45 m | |
| Bedroom | 2.89 × 2.29 m | |
| Primary Bedroom | 3.05 × 3.73 m | |
| Bedroom 2 | 3.05 × 3.27 m |
| Laundry | 4.74 × 3.32 m | |
| Other | 2.67 × 4.76 m | |
| Other | 2.28 × 4.17 m |
Features
- Carpet Free
- Accessory Apartment
- Water Meter
- Workbench
- Storage
- Lighting
- Porch
- Year Round Living
- Patio
- Walk-Up
- Unfinished
- Development Potential
- None
- 2-Storey
Financials
Estimated Rental Income
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — London East
Based on active listings in London East. Data updates daily.
Our estimate for this home
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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