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89 TALBOT Street S, Simcoe — listed at $540,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Great Investment Opportunity in the Heart of Downtown Simcoe! Welcome to this bright and spacious duplex ideally located in downtown Simcoe, in the heart of Norfolk County and close to all amenities. Offering two separate living spaces, each with its own entrance and laundry facilities, this property provides excellent flexibility for investors or first-time homebuyers looking to offset their mortgage with a rental income. The main floor features a roomy three-bedroom, one-bathroom apartment, complete with its own separate entrance and laundry facilities. The upper level offers a bright one-bedroom, open-concept kitchen/living room apartment, also with a separate laundry, providing privacy and convenience for both units. Outside, you will find lots of parking, a large partially fenced yard, and a two-car garage allowing for lots of storage. This property boasts numerous upgrades, making it an attractive opportunity for those looking for a solid income property with added value. This downtown Simcoe duplex is worth a look. Great location, great potential and plenty of space! (id:60164)
Does it have a basement, and is it finished?+
Yes — Unfinished, Partial. A finished basement adds meaningful living space beyond the listed square footage.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,399.73, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How is the space laid out across floors?+
This is a 2-storey multi-family. The 4 bedrooms and 2 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
Is this a good starter home?+
At $540,000, 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.
This home was built in 1912 — what should I watch for?+
Homes from this era may have original wiring, plumbing, or insulation. Key checks: electrical panel (100 vs 200 amp), roof age, furnace age, and whether the basement has ever had water issues. A thorough home inspection is essential.
What's the parking situation?+
This property includes 8 spaces — Detached Garage.
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