$299,900
Available - For Sale
Listing ID: X11982179
225 Simcoe St , London, N6B 1J3, Ontario


What a sweet little house this is for the price!! If you are looking for an affordable starter home, this is definitely worth looking at ... also works great as an investment property! This super cozy and move in ready bungalow comes fully furnished with 3 bedrooms, a 4 piece bathroom, kitchen, living room/dining room combination, and main floor laundry. The 28 x 50' lot offers a great alternative to condo living, room for a patio and garden, without a lot of time required for yard work. One parking spot available with single driveway which is shared/mutual with the house next door. This SOHO location is close to downtown and major bus routes. Why continue renting when you can own at this price?! Almost all of the furniture you see is included (less the TV and some decor), so truly offers the first time buyer or investor a great simple start!! Last year Seller's rental income was $23,500 for 10 months. Don't wait to book your viewing ... homes in this price range don't come to the London market often!
Price $299,900
Taxes: $1321.00
Assessment: $84000
Assessment Year: 2024
Address: 225 Simcoe St , London, N6B 1J3, Ontario
Lot Size: 28.00 x 50.00 (Feet)
Directions/Cross Streets: Clarence
Rooms: 5
Bedrooms: 3
Bedrooms +:
Kitchens: 48
Family Room: N
Basement: Other, Unfinished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1 Main Living 14.69 12.4
Room 2 Main Kitchen 13.71 8.99 B/I Dishwasher
Room 3 Main Br 13.81 8.4
Room 4 Main 2nd Br 10.79 8.5
Room 5 Main 3rd Br 10 8
Washroom Type No. of Pieces Level
Washroom Type 1 4 Main
Property Type: Detached
Style: Bungalow
Exterior: Stucco/Plaster
Garage Type: None
(Parking/)Drive: Mutual
Drive Parking Spaces: 1
Pool: None
Approximatly Square Footage: 700-1100
Fireplace/Stove: N
Heat Source: Electric
Heat Type: Heat Pump
Central Air Conditioning: Wall Unit
Central Vac: N
Laundry Level: Main
Sewers: Sewers
Water: Municipal
$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $14,995 $29,990 $44,985 $59,980
First Mortgage $284,905 $269,910 $254,915 $239,920
CMHC/GE $11,396.2 $8,367.21 $7,137.62 $0
Total Financing $296,301.2 $278,277.21 $262,052.62 $239,920
Monthly P&I $1,462.19 $1,373.25 $1,293.18 $1,183.96
Expenses $0 $0 $0 $0
Total Payment $1,462.19 $1,373.25 $1,293.18 $1,183.96
Income Required $54,832.23 $51,496.79 $48,494.34 $44,398.57

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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$739.98
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
THRIVE REALTY GROUP INC.
Personal Picture
Samuel Okafor
Sales Representative
Dir:
416-414-7577
Bus:
416-414-7577
 
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At a Glance:
Type: Freehold - Detached
Area: Middlesex
Municipality: London
Neighbourhood: East K
Style: Bungalow
Lot Size: 28.00 x 50.00(Feet)
Approximate Age:
Tax: $1,321
Maintenance Fee: $0
Beds: 3
Baths: 1
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
Locatin Map:
Payment Calculator:
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