2 MILLCROFT Drive, Simcoe, Ontario, N3Y5M9

For saleJust listed

Today

$550K

2 MILLCROFT Drive, Simcoe, Ontario, N3Y5M9

2 bd3 ba2 pk1,844 ft²

Listed by CENTURY 21 PEOPLE'S CHOICE REALTY INC. BROKERAGE

8 BASSWOOD Road, Simcoe, Ontario, N3Y0E1

For saleJust listed

Today

$510K

8 BASSWOOD Road, Simcoe, Ontario, N3Y0E1

3 bd3 ba2 pk1,395 ft²

Listed by CENTURY 21 PEOPLE'S CHOICE REALTY INC. BROKERAGE

For saleJust listed

Today

$785K

107 JUDD Drive, Simcoe, Ontario, N3Y4Y8

2 bd2 ba4 pk1,720 ft²

Listed by Royal LePage Action Realty

For saleJust listed

Today

$740K

111 JUDD Drive, Simcoe, Ontario, N3Y4Y8

2 bd2 ba4 pk1,581 ft²

Listed by Royal LePage Action Realty

Investment analysis

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$249,000

Simcoe

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$249,000

For sale

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100 STANLEY Street, Simcoe - Single Family for Sale

100 STANLEY Street, Simcoe, Ontario, N3Y1M4

2 beds2 baths5 parking1,300 ft²Listed 42 days ago

Overview

This 2-bedroom, 2-bathroom home in Simcoe is for sale offering roughly 1,300 sq ft of space. It has been on the market 42 days, fresher than the Simcoe average of 74 days.

Houses for Sale in Simcoe →All real estate in Simcoe →

Description

This fully rented semi detached duplex offers immediate cash flow and is an excellent addition to any real estate portfolio. Each unit features 1 bedroom, a full kitchen, and a 4-piece bathroom, providing comfortable and functional living space for tenants. The property offers ample parking, a finished basement, an attractive feature for renters, while the on-site laundry facilities add everyday convenience and provide the flexibility to be used for additional storage. With tenants responsible for their own utilities, this property provides efficient income stream. Ideally located close to shopping, schools, restaurants, and other amenities, this income-producing property combines excellent rental appeal with long-term investment potential. Whether you're looking to expand your portfolio or occupy one unit while generating income from the other, this is an opportunity you won't want to miss. (id:66096)

Property Details

MLS®: 40865421
Property Type: Single Family
Zoning: R2
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 5
Interior Size: 1,300 ft²
Frontage: 28 ft
Storeys: 2
Style: Other
Basement: Finished, Full
Heating: Baseboard heaters, Forced air, Natural gas
Cooling: None
Garage: None
Ownership: Freehold
Property Tax: $2,421.26/yr
Listed

Rooms

Second level

Living room: 8'5'' x 13'0''
Kitchen: 8'8'' x 13'0''
Bedroom: 15'0'' x 11'6''
4pc Bathroom: 5'8'' x 7'0''

Basement

Recreation room: 10'0'' x 20'0''

Main level

4pc Bathroom: 5'0'' x 8'0''
Living room: 14'5'' x 16'0''
Kitchen/Dining room: 20'0'' x 9'3''
Bedroom: 11'5'' x 12'8''

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Exterior: Aluminum siding, Vinyl siding, Metal
Lot Features: Crushed stone driveway

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Simcoe listings, avg age

74d

Price / ft²

$192

List price

$249K

Haho

This 2-bed single family in Simcoe has been listed for 42 days, which is 32 days fresher than the city average of 74. Act while there is still low competition.

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Listed by Royal LePage Trius Realty Brokerage · Nuno Francisco

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N3Y)

This home lists at $249,000, about 3.2× the local median household income of $77,500.

Carrying it typically needs a household income of about $48,638 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $77,500
Population: 23,402
Median age: 49.2
Owner / renter: 75% / 25%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA N3Y)

$249,000· $192/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,450

Min 5%50%

Mortgage payment$1,311/mo

↳ CMHC premium ($9,462 capitalized)

Property tax (est.)$202/mo

Total monthly$1,513

Cash Needed to Close

Down payment (5%)$12,450

Land transfer tax$2,215

Est. closing costs$3,247

Total cash needed$17,912

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