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100 - 102 STANLEY Street, Simcoe — listed at $498,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Attention investors! Rare opportunity to purchase both sides of a semi-detached property together as one package. Each side is a separate property, offering potential for investors, multi-generational living, or future resale as individual units. This fully rented fourplex 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 living accommodations for tenants. The property offers ample parking for all units, making it highly desirable for renters. An on-site laundry facility adds convenience, while the detached garage provides valuable storage space for equipment, maintenance supplies, or personal belongings. Ideally located close to shopping, schools, restaurants, and other amenities in the heart of Simcoe, this income-producing property combines strong rental appeal with long-term investment potential. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others this is an opportunity you won't want to miss! (id:60164)
Is this a good starter home?+
At $498,000, this is priced in starter-home territory for Simcoe. With multiple bedrooms, it has room to grow into. Factor in property taxes when calculating your true monthly cost.
How is the home heated? Is it efficient?+
Heating is baseboard heaters, radiant heat, forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Is 100 - 102 STANLEY Street a good fit for a growing family?+
With 4 bedrooms and 4 bathrooms (2600 sq ft), there's room for kids plus a guest room or home office. The 2-storey layout keeps living and sleeping areas separated.
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's the parking situation?+
This property includes 8 spaces — Detached Garage.
Does it have a basement, and is it finished?+
Yes — Partially finished, Full. A finished basement adds meaningful living space beyond the listed square footage.
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