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Property Description
Mortgage Helper Opportunity! Welcome to 358 Simcoe Street, located in London's energetic and evolving SOHO district. Whether you're an investor looking for solid cash flow, a first-time buyer hoping to offset your mortgage, or someone wanting flexibility in a growing neighbourhood, this property checks the boxes. Currently generating $3,500 per month in rental income (Front 2-Bedroom: $2,000 / Back 1-Bedroom: $1,500), this home offers two self-contained living spaces designed for both function and comfort. The front unit features an updated kitchen complete with modern cabinetry, stainless steel appliances, a sleek tile backsplash, and a butcher block island that anchors the space beautifully. The open living area flows into a dining/rec space highlighted by soaring cathedral ceilings and exposed wood beams - creating warmth and character you don't often find. Two spacious bedrooms and a bright four-piece bathroom complete the layout. Step outside to a generous patio, perfect for relaxing or entertaining. The rear unit offers its own inviting charm, beginning with a cozy sunroom that leads into a well-sized kitchen and dining area. The living room features impressive ceiling height, creating an airy yet comfortable atmosphere. A large bedroom and three-piece bath make this space ideal for tenants or extended family. Outside, the surprisingly deep backyard includes a stone patio, ample green space, and a substantial storage shed - a rare find this close to downtown. Parking for up to five vehicles adds even more practicality. An exceptional opportunity in one of London's most promising neighbourhoods - whether you're building your portfolio or stepping into homeownership with added income potential, 358 Simcoe Street is worth a closer look.
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Property Features
River/Stream, Hospital, Public Transit, Place Of Worship, Accessory Apartment, In-Law Capability, Primary Bedroom - Main Floor, Separate Hydro Meter, Private
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Property Details
Address
358 Simcoe Street
Community
City
Postal Code
N6B 1J7
Property Type
Detached, Detached
Zoning
R3-1
Lot Size
39' x 165'
Acreage
6,435.0 Feet
Taxes
$3,319 (2025
Basement
Unfinished
Exterior
Patio, Porch, Landscaped
Heat Type
Radiant
Heat Source
Other
Water
Municipal
Parking Spaces
5
Garage Type
None
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Listing contracted with Blue Forest Realty Inc.
Welcome to this beautiful 3-bedroom, 2-bathroom detached bungalow. Ideal for the first time home buyer and investors. The main floor features laminate flooring, a bright living area, three spacious bedrooms, and a kitchen with a lovely view of the fully fenced backyard. The partially finished basement includes an additional bedroom and a dedicated laundry space ideal for future rental or extended family use. Conveniently located near Richard B. Harrison Park, downtown, shopping, city transit, and the hospital.
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Welcome to 35 Paddington Avenue. This property offers an excellent opportunity for first-time homebuyers looking for a mortgage helper or for investors seeking a potential income property. Each of the two floors features 2 bedrooms, 1 bathroom, and a separate kitchen. Recent upgrades include a new furnace (2022), updated electrical panel (2022), and a new hot water tank (2022), along with newer flooring and fresh paint throughout, giving the space a revitalized feel. Add your personal touch to truly make this home your own. The driveway fits two cars in parallel, and the backyard gate provides access for additional parking. A detached garage is also available, perfect for storage or as a workshop.
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Charming 3-bedroom home ideally located on the edge of Old South, just steps from Manor Park and Euston Park. Set on a private 137 ft deep lot, with fully fenced yard, this property combines convenience and character in a sought-after location. The generous 34 ft long combined living and dining area, is filled with natural light and provides a warm and inviting space for entertaining or relaxing. The bright, spacious kitchen opens to the back yard for easy outdoor access. Offering parking for three cars and excellent layout flexibility-the three bedrooms all have convenient closets and two bedrooms can serve as home offices or creative studios-this home suits both first-time buyers and remote professionals. Raised roof offers potential to finish and utilize the attic storey. Currently tenanted by excellent long-term professionals at approximately $1,700/month (month-to-month), with tenants paying utilities. A great investment opportunity, as tenants would be interested in staying. Enjoy the charm and community spirit and neighbourhood of Manor Park, next to Old South, in this versatile, income-producing property. Note: New stove and bathtub/shower 2024.
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Welcome to 95 Adelaide Street S., a beautifully maintained and updated 3-bedroom, 1-bath bungalow. This detached home is the perfect opportunity for first-time buyers looking to enter the market or investors searching for a smart addition to their portfolio. Step inside to a bright and cozy living space featuring modern flooring and fresh finishes. The newly renovated kitchen (2025) is both stylish and functional, offering plenty of prep space for home cooks and entertainers alike. The main floor is complete with 3 bedrooms and a 4 piece bathroom. Downstairs, the basement offers endless potential, complete with a full waterproofing system (2023), sump pump, and a separate side entrance. Whether you're dreaming of a finished rec space, an income-generating unit, or an in-law suite, this lower level is ready for transformation with peace of mind. Additional updates include new soffits, fascia, and eavestroughs (2025) and a recently painted front porch with new stairs. Outside you'll find a fenced, landscaped backyard - perfect for pets, kids, or relaxing weekends, parking for 3+ vehicles on a private driveway, and a covered front porch. Situated within walking distance to Victoria hospital, and close to parks, schools, shopping, downtown, and transit. Dont miss your chance to own this turn-key property in a growing neighbourhood book your private showing today!
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Freshly updated one-floor bungalow in a convenient East London location, just minutes from Highbury Ave, LHSC, Parkwood and downtown. This move-in-ready home has been recently remodelled and features updated kitchen and bathroom finishes, new flooring, and fresh paint throughout.The functional layout offers two bedrooms, a bright living space, and an inviting covered back porch, ideal for relaxing or entertaining. Outside, the property includes a fully detached garage along with parking available at both the front and rear of the home, providing excellent flexibility.Currently tenanted, this property presents a strong opportunity for investors, while also offering great long-term potential for a first-time buyer looking for a well-maintained, easy-to-own home in an established neighbourhood with quick access to major routes and amenities.
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Welcome to Your Next Project or Cozy Abode! Nestled on a quiet street, this charming 2-bedroom, 1-bathroom bungalow is full of potential and ready for your creative vision. Perfect for renovators or first-time buyers looking to build sweat equity, this home offers an unfinished basement with excellent space for customization or future expansion. The desirable R2-2 zoning permits a potential basement apartment, creating an opportunity for added rental income and long-term value growth. With thoughtful updates, this property can truly shine and become a smart investment. Furnace and air conditioner were installed in 2023 (currently rented and will be paid out on closing), and the roof is approximately 9 years old. Don't miss this opportunity to secure a property with strong upside in 2026's market-book your showing today!
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