9 Cherry Street, Simcoe, Ontario N3Y 1B3

Listed for:
$599,900
6 beds
2 baths
Listed 3 days ago
Duplex for rent: 9 Cherry Street, Simcoe, Ontario N3Y 1B3

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Learn more about this property
Listing provided by:
Re/Max Twin City Realty Inc.
MLS® number:
40711971
Agent:
Natasha Smith
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About

Norfolk Street to Cherry Street 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. Upper Unit pays $1900 plus heat and hydro. Lower Unit pays $1842 plus heat and hydro. 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. Don’t miss out on this turnkey investment opportunity—schedule your viewing today! (id:27476)

Property Highlights

MLS® Number
40711971
Type
Multi-family
Ownership Type
Freehold
Land Size
under 1/2 acre
Parking Space Total
2

Building

Building Type
Duplex
Storeys
1.00
Square Footage
2180 sqft
Bathrooms Total
2
Bedrooms Total
6
Amenities
Park, Schools, Shopping
Exterior Finish
Brick Veneer, Vinyl siding
Fireplace Present
No
Basement Type
Full (Finished)
Basement Features
Building Heating Type
Heat Pump
Heating Fuel
Electric
Building Cooling Type
Ductless

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location