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160 QUEEN Street, Simcoe — listed at $949,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Turnkey, fully tenanted fourplex on a large quarter-acre lot in town. Well-maintained and income-focused, the property features a steel roof, updated bathrooms, new siding, separate hydro and water meters, gas heat, private outdoor space for each unit, and individual basement storage. Tenants pay their own utilities. Additional upside includes coin-operated laundry, a single-car garage for landlord use or extra rental income, two parking areas, and potential room for future expansion. (id:60164)
What's the parking situation?+
This property includes 8 spaces — Attached Garage.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 10 bedrooms and 4 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $4,894, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
Yes — Unfinished, Full. A finished basement adds meaningful living space beyond the listed square footage.
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