197 Colborne Street N Active

Simcoe,ON N3Y 3V4

$ 499900

3 Beds

3 Baths

1612 SqFt


Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 1,612 sqft

Price per Sqft $310

MLS Listing ID 40704943

Style 1.5 Storey

Bedrooms 3

Full Baths 2

Half Baths 1

Abv Grd Liv Area 1,612

Originating Board Simcoe

Annual Tax Amount $2,142

Property Sub-Type Detached

Property Description

Great Investment or Live-In Opportunity!

Nestled in the heart of Simcoe, this well-maintained 1.5-storey duplex offers the perfect blend of investment potential and comfortable living. One side is currently tenant-occupied, providing immediate rental income, while the other side is vacant and ready for a new owner or tenant.

Unit A (vacant) features 2 bedrooms and 1.5 bathrooms, with bright, spacious living areas and functional kitchen, as well as in suite laundry. The layout is ideal for first time home buyers looking to enter the market. Unit B is tenanted ($707 per month) and features 1 bedroom, 1 bathroom, cozy living room, nicely appointed kitchen and dining area, as well as a spacious mudroom.

Situated in a convenient location close to schools, parks, shopping, and amenities, this property presents an excellent opportunity for investors or those looking to offset their mortgage by living in one unit while renting out the other.

Don't miss out on this fantastic duplex in a prime Simcoe location!

Location

Province ON

County Norfolk

Area Town Of Simcoe

Zoning R2

Direction Norfolk St. N (HWY 24) to Union St. North on Colborne St. N to #197

Rooms

Basement Partial,Unfinished

Main Level Bedrooms 1

Kitchen 2

Interior

Heating Forced Air,Natural Gas

Cooling None

Fireplace No

Window Features Window Coverings

Appliance Water Heater,Dishwasher,Dryer,Microwave,Refrigerator,Stove,Washer

Laundry In-Suite

Exterior

Exterior Feature Private Entrance

Roof Type Asphalt Shing

Lot Frontage 50.0

Garage No

Building

Lot Description Urban,Irregular Lot,Ample Parking,City Lot,Highway Access,Hospital,Library,Major Highway,Park,Place of Worship,Rec./Community Centre,Schools,Shopping Nearby

Faces Norfolk St. N (HWY 24) to Union St. North on Colborne St. N to #197

Foundation Concrete Perimeter

Sewer Sewer (Municipal)

Water Municipal-Metered

Architectural Style 1.5 Storey

Structure Type Brick,Vinyl Siding

New Construction No

Others

Senior Community No

Tax ID 502260031

Ownership Freehold/None

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