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102 STANLEY Street, Simcoe — listed at $249,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
This fully rented semi detached duplex 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 and functional living space for tenants. The property offers its own private driveway give you lots of parking, a detached garage, and a full basement, adding convenience and valuable storage space. Ideally located close to shopping, schools, restaurants, and other everyday amenities, 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 other, this is an opportunity you won't want to miss (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Second level | 6'7'' x 5'9'' |
| Living room | Second level | 12'6'' x 13'0'' |
| Kitchen | Second level | 13'0'' x 8'5'' |
| Bedroom | Second level | 8'5'' x 13'0'' |
| Other | Basement | 28'0'' x 19'0'' |
| Mud room | Main level | 5'0'' x 7'0'' |
| 4pc Bathroom | Lower level | 5'0'' x 7'3'' |
| Living room | Main level | 15'5'' x 11'8'' |
| Kitchen | Main level | 8'5'' x 14'0'' |
| Bedroom | Main level | 12'0'' x 15'0'' |
What's the parking situation?+
This property includes 5 spaces — Detached Garage, None.
Who is 102 STANLEY Street best suited for?+
With 2 bedrooms and 2 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
Is this a good starter home?+
At $249,000, 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.
Does it have a basement, and is it finished?+
Yes — Unfinished, Full. A finished basement adds meaningful living space beyond the listed square footage.
How is the home heated? Is it efficient?+
Heating is hot water radiator heat, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,437.86, heating is hot water radiator heat, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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