9 CHERRY Street Town of Simcoe, Simcoe, Ontario, CA

Address: 9 CHERRY Street, Simcoe, Ontario

6 Beds2 Baths2180 sqftStatus: Buy
Price $599,900

Property Overview


Exceptional Investment Opportunity! Turnkey Duplex with Strong Rental Income This updated, purpose-built duplex is a prime investment property, generating an impressive $44,904 annually in gross rental income. Upper Unit pays $1900 plus heat and hydro. Lower Unit pays $1842 plus heat and hydro. Located in a highly desirable Simcoe neighborhood, this property is just minutes from shopping, schools, parks, and scenic trails. The duplex features two spacious 3-bedroom units, each with its own private driveway and separate meters for added convenience. Both units have been thoughtfully updated with modern finishes, including brand-new kitchens (2021), flooring (2022), bathrooms (2021), and roof (2021). Additionally, both units are equipped with four-head split ductless AC/heat pumps (2021), ensuring year-round comfort and energy efficiency. Sitting on a large lot, this property offers plenty of potential and is ideally situated near essential amenities. Whether you're an investor looking for a steady income stream or a homeowner seeking extra rental income, this duplex is an excellent choice. Don’t miss out on this turnkey investment opportunity—schedule your viewing today! (id:51532)

 

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Property Summary
Property Type
Multi-family
Building Type
Duplex
Storeys
1
Square Footage
2180 sqft
Subdivision Name
Town of Simcoe
Title
Freehold
Land Size
under 1/2 acre
Building
Bathrooms
Total
6
Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Poured Concrete
Square Footage
2180 sqft
Rental Equipment
Water Heater
Structures
Shed
Heating & Cooling
Cooling
Ductless
Heating Type
Heat Pump
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick Veneer, Vinyl siding
Parking
Total Parking Spaces
2
Land
Other Property Information
Zoning Description
R2
Features
           Ductless
Enter Details Below
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Your Home Finance Calculation

Property Price CA $599,900
Bank Loan Amount CA $0
Monthly Installment CA $0

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