Listed by Comfree.

184 Simcoe Street is a Fourplex, 2-Storey and is currently for Sale @ $712,900. Taxes in 2024 were $3,445.00.

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Turnkey fourplex generating approximately $5,500 in gross monthly income, or about $66,000 annually. The 2-Storey on 184 Simcoe Street has 5 bedrooms, 4 bathrooms, and is located on a 197.74 x 38.55 ft lot in the community of East K . After mortgage, insurance, and utilities, the property maintains a net positive cash flow, offering an estimated return of over 9%. The building includes four fully renovated units, each with its own kitchen and bath. Unit #1 rents for $1,750/month and features 2 bedrooms, a living room, kitchen, and bath. Unit #2 rents for $1,050/month, Unit #3 for $1,332.50/month, and Unit #4 for $1,230/month - each with 1 bedroom, kitchen, and bath. Coin laundry adds an additional $150/month. This solid brick building sits on a deep lot with over 5 parking spaces and zoning potential for rear parking. It includes 5 total bedrooms, 4 full bathrooms, and 4 kitchens, with 4 separate hydro meters. Additional features include baseboard electric heating in all units, a coin-operated washer and dryer, and a dedicated storage and utility room. The property is fully tenanted and ready for immediate cash flow.

dryer, refrigerator, stove, washer

The address 184 Simcoe Street was listed for sale (MLS# X12469490) on Friday, October 17, 2025.