This quaint, 2-storey, century home was originally an up-and-down duplex that was converted into a single-family property by the current owners. Although currently a single-family home, the property comes with hookups for 2 gas meters, 2 hydro meters, grand ceilings, and a large backyard. Units can easily be self-contained, and the house itself is located in a scenic area of Simcoe close to churches, parks, and schools that help enhance the sense of community. This is a great price for a home in the growing Simcoe market and offers multi-family potential for an investor to generate profitable rental income in a central neighbourhood. Don’t miss out!
We are selling our assignable purchase contract.
Closing is November 10th, 2020.
Please click HERE for more information and pictures.
Additional Features
PROPERTY FEATURES
3 bedrooms
2 full bathrooms
Built in 1912
Above grade: 2052 sq ft
Unfinished basement: 465 sq ft
Signs of knob & tube in basement (Seller believes it has been disconnected)
Main floor: 1321 sq ft
1 bedroom (option to add 2nd bedroom in living room)
1 bathroom
Upper floor: 731 sq ft
2 bedrooms
1 bathroom
Upstairs has a kitchen area that is currently being used as storage
200 AMP breaker panel
Working sump pump in basement
2 hot water tanks in basement
Gas furnace is approximately 17-years-old
Furnace is a rental, but will be paid off by the Seller upon closing
No central AC
2 hydro meters
2 gas meters (one gas meter is removed but there is a hookup for it)
1 water main
Roof (2014)
Backyard features (all included):
Wood deck
Gazebo frame
Interlock patio stones
2 sheds
4-5 car private driveway
Separate, 1-car parking space
Lot size: 59.27 ft x 148.50 ft
Zoning: R2
Vacant possession. House will be decluttered on closing.
PROPERTY NEEDS
Medium cosmetic updating
Option to self-contain main floor and upstair units. We recommend converting this property back to a legal multifamily to maximize resale/refinance value!
