497 SIMCOE Street, London, Ontario, N6B1K3 London ON CA

CAD 999,999

For Sale MLS: 40423271

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Property Details

Bedrooms

Bathrooms

Neighborhood

Central London

Basement

Unfinished, Partial

Property Type

Multi-family

Description

Attention investors! Here's your chance to own not just one, but two properties in the sought-after Soho neighbourhood. This property offers a rare opportunity for any business owner looking to operate from a large 4-bay garage at the back of the property while generating rental income from the other two properties. The first property is currently vacant, featuring 2 bedrooms and 1 bathroom with fresh paint and recent renovations. Tons of room for storage in the basement. The second property features 2 bedrooms, 1 bathroom, with high ceilings throughout & an open-concept living space. Currently tenanted on a month to month lease paying $1,750. The fenced backyard provides privacy and the perfect space to relax. This property also offers a large 53 ft x 27.5 ft 4 bay garage in the back currently leased for $3,700 on month to month term. Tons of parking in back provided and the potential to finish off the upstairs of the garage for great office spaces. PLEASE SEE REFERENCE TO 501 SIMCOE ST. MLS:40418270 FOR ADDITIONAL PROPERTY LOCATED DIRECTLY BESIDE AVAILABLE FOR PURCHASE (id:1937) Find out more about this property. Request details here

Location

Address

N6B 1K3, London, Ontario, Canada

City

London

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