34
  • X12469490
  • MLS® Number
  • Property Type
  • Fourplex, Residential
  • Acres
  • Land Area
  • 6
  • Bedrooms
  • 4
  • Bathrooms
  • Sqft
  • Area Size

184 Simcoe Street, London East, ON N6B 1H9

  • $729,900

Description

Turnkey fourplex generating approximately $5,500 in gross monthly income, or about $66,000 annually. After mortgage, insurance, and utilities, the property maintains a net positive cash flow, offering an estimated return of over 7%. The building includes four fully renovated units, each with its own kitchen and bath. Unit #1 rents for $1,750/month and features 2 bedrooms, a living room, kitchen, and bath. Unit #2 rents for $1,050/month, Unit #3 for $1,332.50/month, and Unit #4 for $1,230/month – each with 1 bedroom, kitchen, and bath. Coin laundry adds an additional $150/month. This solid brick building sits on a deep lot with over 5 parking spaces and zoning potential for rear parking. It includes 5 total bedrooms, 4 full bathrooms, and 4 kitchens, with 4 separate hydro meters. Additional features include baseboard electric heating in all units, a coin-operated washer and dryer, and a dedicated storage and utility room. The property is fully tenanted and ready for immediate cash flow.

Details

MLS® Number X12469490
6 Bedrooms
4 Bathrooms
Updated on October 22, 2025 at 6:30 pm

Features

Additional details

  • Roof: Asphalt Shingle
  • Sewer: Sewer
  • Cooling: Other
  • County: Middlesex
  • Property Type: Residential
  • Pool: None
  • Architectural Style: 2-Storey

Address

  • Address: 184 Simcoe Street
  • City: London East
  • State/county: ON
  • Zip/Postal Code: N6B 1H9
  • Country: CA

Contact Information

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