264-266 West Street Simcoe, Ontario - MLS#: 40560605

$429,900

Attention Investors & first time buyers - with VACANT POSSESSION of the upper unit where you can set your own rent, this is the one for you! 264-266 West Street is a fantastic up/down duplex with a great location in Simcoe, right across the road from the hospital. INVESTORS - with 2 units with their own separate utilities this is a great opportunity. FIRST-TIME BUYERS - You could live in 1 unit while renting out the other as a mortgage helper. The outside of the home sits up on a slight hill offering it a grand presence. A double wide driveway in the back offers great parking. The large front porch is the perfect spot to sit with a morning coffee or glass of wine. The main floor unit offers a living space, kitchen, a bath & 2 beds. This unit has access to the basement with laundry. The second level has its own entrance and offers 2 beds, a kitchen, living space and 1 bathroom. The basement has its own separate entrance providing this space with many possibilities for the new owners. Both units have their own hot water tanks, own furnaces (7 years old) and separate gas/hydro/water meters making it super convenient for tenants to set up and pay their own utilities. New roof in 2022. As of July 1, 2024 lower tenant will pay $1300/month rent. You can set your own rent for the upper unit meaning this property would be CAH. (id:51158)

MLS: 40560605 For sale : 264-266 WEST Street Attention Investors & first time buyers – with VACANT POSSESSION of the upper unit where you can set your own rent, this is the one for you! 264-266 West Street is a fantastic up/down duplex with a great location in Simcoe, right across the road from the hospital. INVESTORS – with 2 units with their own separate utilities this is a great opportunity. FIRST-TIME BUYERS – You could live in 1 unit while renting out the other as a mortgage helper. The outside of the home sits up on a slight hill offering it a grand presence. A double wide driveway in the back offers great parking. The large front porch is the perfect spot to sit with a morning coffee or glass of wine. The main floor unit offers a living space, kitchen, a bath & 2 beds. This unit has access to the basement with laundry. The second level has its own entrance and offers 2 beds, a kitchen, living space and 1 bathroom. The basement has its own separate entrance providing this space with many possibilities for the new owners. Both units have their own hot water tanks, own furnaces (7 years old) and separate gas/hydro/water meters making it super convenient for tenants to set up and pay their own utilities. New roof in 2022. As of July 1, 2024 lower tenant will pay $1300/month rent. You can set your own rent for the upper unit meaning this property would be CAH. (id:51158)

⚡⚡⚡ Disclaimer: While we strive to provide accurate information, it is essential that you to verify all details, measurements, and features before making any decisions.⚡⚡⚡
📞📞📞Please Call me with ANY Questions, 416-477-2620📞📞📞

Property Details

MLS® Number	40560605
Property Type	Multi-family
Amenities Near By	Hospital, Park, Schools, Shopping
Equipment Type	Water Heater
Features	Crushed Stone Driveway
Parking Space Total	2
Rental Equipment Type	Water Heater

About 264-266 West Street, Simcoe, Ontario

Building

Bathroom Total	2
Bedrooms Total	4
Basement Development	Unfinished
Basement Type	Full (unfinished)
Constructed Date	1914
Cooling Type	None
Exterior Finish	Vinyl Siding
Foundation Type	Poured Concrete
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1712
Type	Duplex
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Hospital, Park, Schools, Shopping
Sewer	Municipal Sewage System
Size Depth	124 Ft
Size Frontage	40 Ft
Size Total Text	Under 1/2 Acre
Zoning Description	R2

https://www.realtor.ca/real-estate/26782771/264-266-west-street-simcoe