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MLS® 40711971

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1090 sqft
Garage No
Taxes $3,153
Lot Size 
Approx. Age 
Avg. Price Per Sqft $536
MLS® Number 40711971

Property Address: 9 Cherry St, Simcoe, ON, N3Y1B3

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional Investment Opportunity! Turnkey Duplex with Strong Rental Income This updated, purpose-built duplex is a prime investment property, generating an impressive $44, 904 annually in gross rental income. Located in a highly desirable Simcoe neighborhood, this property is just minutes from shopping, schools, parks, and scenic trails. The duplex features two spacious 3-bedroom units, each with its own private driveway and separate meters for added convenience. Both units have been thoughtfully updated with modern finishes, including brand-new kitchens (2021), flooring (2022), bathrooms (2021), and roof (2021). Additionally, both units are equipped with four-head split ductless AC/heat pumps (2021), ensuring year-round comfort and energy efficiency. Sitting on a large lot, this property offers plenty of potential and is ideally situated near essential amenities. Whether you're an investor looking for a steady income stream or a homeowner seeking extra rental income, this duplex is an excellent choice. Upper Unit pays $1900 plus heat and hydro. Lower Unit pays $1842 plus heat and hydro. Don’t miss out on this turnkey investment opportunity—schedule your viewing today!Show Description
MLS® Number40711971
Laundry LevelIn-Suite
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNo
Approx. Age
BasementSeparate Entrance, Walk-Up Access, Full, Finished
DrivewayExclusive
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Smoke Detector, 2 Fridges , 2 Stoves, 2 Washing Machines, 2 Dryers, Shed Is Backyard.

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Price History

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  • Commute

Commute

Starting Address
Destination Address
9 Cherry St, Simcoe, ON

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