WOW!!! $4,221/Month in Rental Income! Versatile Legal Duplex with 3 Self-Contained Units in Prime Simcoe Location! Welcome to this solid brick 1.5 storey home offering three self-contained units, perfectly suited for investors, multi-generational living, or those looking to offset their mortgage with rental income. Located in a highly walkable area of Simcoe, close to amenities, schools, and transit, this property offers both lifestyle and long-term value. Currently fully tenanted with excellent tenants who would love to stay, this home provides immediate, reliable income. At the same time, its flexible layout offers the option for future owner-occupancy! Live in one unit while the others help pay your mortgage! The property features a spacious 2-bedroom main floor unit, a bright upper-level unit, and a lower-level studio apartment with walk-out! There is ample parking for four vehicles including convenient rear access from Hawthorne Ave. Utilities (heat, hydro, water & A/C) are currently included in rent, supporting strong tenant retention and ease of management. Solid construction and functional layouts make this a low-maintenance, turnkey opportunity! Generate $4,221/month in income today while securing a property with flexible living options and future upside. Whether you’re looking to invest, live, or both, this is a rare opportunity to own a versatile, income-generating property in a desirable Simcoe neighbourhood. (id:63008)
| MLS® Number | 40820603 |
| Property Type | Single Family |
| AmenitiesNearBy | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| CommunityFeatures | High Traffic Area, Community Centre |
| EquipmentType | Rental Water Softener, Water Heater |
| Features | Paved Driveway, Crushed Stone Driveway, In-law Suite |
| ParkingSpaceTotal | 4 |
| RentalEquipmentType | Rental Water Softener, Water Heater |
| BathroomTotal | 3 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 4 |
| Appliances | Dryer, Washer |
| BasementDevelopment | Partially Finished |
| BasementType | Full (partially Finished) |
| ConstructedDate | 1956 |
| ConstructionStyleAttachment | Detached |
| CoolingType | Central Air Conditioning |
| ExteriorFinish | Brick Veneer, Vinyl Siding |
| FireplaceFuel | Electric |
| FireplacePresent | Yes |
| FireplaceTotal | 1 |
| FireplaceType | Other - See Remarks |
| FoundationType | Block |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| StoriesTotal | 1 |
| SizeInterior | 2302 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
| Open |
| AccessType | Road Access |
| Acreage | No |
| LandAmenities | Hospital, Park, Place Of Worship, Playground, Public Transit, Schools, Shopping |
| Sewer | Municipal Sewage System |
| SizeDepth | 101 Ft |
| SizeFrontage | 40 Ft |
| SizeTotalText | Under 1/2 Acre |
| ZoningDescription | R2 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | 3pc Bathroom | 8'11'' x 4'4'' | ||
| Second Level | Primary Bedroom | 14'4'' x 13'0'' | ||
| Second Level | Eat In Kitchen | 13'9'' x 12'10'' | ||
| Second Level | Family Room | 12'6'' x 11'4'' | ||
| Basement | Storage | 21'1'' x 16'11'' | ||
| Basement | Laundry Room | 16'2'' x 12'10'' | ||
| Basement | 3pc Bathroom | 7'3'' x 7'1'' | ||
| Basement | Eat In Kitchen | 18'2'' x 7'5'' | ||
| Basement | Primary Bedroom | 17'1'' x 14'5'' | ||
| Main Level | 4pc Bathroom | 7'3'' x 6'11'' | ||
| Main Level | Bedroom | 10'9'' x 9'3'' | ||
| Main Level | Primary Bedroom | 14'5'' x 13'5'' | ||
| Main Level | Dining Room | 10'9'' x 9'4'' | ||
| Main Level | Kitchen | 13'5'' x 10'11'' | ||
| Main Level | Family Room | 16'11'' x 13'8'' |
https://www.realtor.ca/real-estate/29603989/367-norfolk-street-n-simcoe
Cheryl Buis
Salesperson
Frank Buis
Salesperson