➧
➧
Browsing Limit Reached
Please Register for Unlimited Access
5
BEDROOMS3
BATHROOMS2
KITCHENS12 + 3
ROOMSX12922324
MLSIDContact Us
Property Description
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).
Call
Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2025-10-15 | 2025-10-31 | 16 | $309,900 | $275,000 |
Property Features
Fenced Yard, Level, School Bus Route, Rec./Commun.Centre, School, Place Of Worship, Carpet Free, Accessory Apartment, Water Meter, Workbench, Storage, Private Double, Carbon Monoxide Detectors, Smoke Detector
Call
Property Details
Address
524 Simcoe Street
Community
City
Postal Code
N6B 1K4
Property Type
Detached, Detached
Zoning
R2-2
Lot Size
47' x 100'
Acreage
0.1 Feet
Taxes
$2,431 (2025
Basement
Walk-Up, Unfinished, Development Potential
Exterior
Lighting, Porch, Year Round Living, Patio
Heat Type
Forced Air
Heat Source
Gas
Water
Municipal
Parking Spaces
6
Garage Type
None
Call
Listing contracted with Exp Realty
Attention investors! This bungalow offers a solid opportunity in London's rapidly growing and popular neighborhood, featuring separate entrances and strong potential for rental or value-add strategies. With a little TLC, this property can truly shine and unlock even greater returns. Important updates include roof (2010), siding, doors and windows (2011), furnace and A/C (2011), rental water heater (2012), and attic insulation (2014), helping reduce major capital costs. Ideally located close to transit, amenities, and downtown, this home sits in a high-demand rental area, city transit just steps away. Add value, build equity, and capitalize on the upside this amazing property offers. Great opportunity for making Additional Residential Unit at the back. Virtually staged pictures.
Call
Call