100 - 102 Stanley Street
Simcoe, N3Y 1M4
$498,000
- Bedrooms
- 4
- Bathrooms
- 4
- Interior
- 2,600 ft²
- Lot
- 65 × 133 ft
- Type
- Multi-unit
About this home
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!
Property details
- Property type
- Fourplex
- Ownership
- Freehold
- Age
- 100+ Years
- Property taxes
- $4,859
- Heating
- Baseboard, Forced Air, Natural Gas, Radiant
- Basement
- Full, Partially Finished
- Parking
- 8 spaces, detached garage
- Water
- Municipal
- Sewer
- Sewer (Municipal)
- Lot
- 65 × 133 ft lot
- Zoning
- R2
- Time on market
- 43 days on market
- MLS® number
- 40865427
Features
Outside
- Aluminum Siding
- Metal/Steel Siding
- Vinyl Siding
- Asphalt Shing roof
The lot
- Ample Parking
- City Lot
- Near Golf Course
- Library
- Public Transit
- Schools
- Shopping Nearby
Included with the home: None,4x Stove, 4x Fridges, 1x Dishwasher, 1x Washer, 1x Dryer All In 'as Is' Condition
Location
Thinking about the area? Read our guide to living in Simcoe.
Estimate your payment
20% down. The minimum on this price is $24,900.
Your monthly payment
$2,205
- Mortgage amount
- $398,400
- Interest over the amortization
- $263,111
An estimate at a fixed rate compounded twice a year. Insurance applies under 20% down. Your lender sets the real numbers, and the team can introduce you to a mortgage professional.
Ontario land transfer tax
How the tax adds up
| $0 to $55,000 | 0.5% | $275.00 |
| $55,000 to $250,000 | 1.0% | $1,950.00 |
| $250,000 to $400,000 | 1.5% | $2,250.00 |
| $400,000 to $498,000 | 2.0% | $1,960.00 |
Ontario land transfer tax
$6,435
- Tax before any refund
- $6,435.00
- You pay on closing
- $6,435.00
For a home with one or two single-family residences anywhere in Ontario outside Toronto. Your real estate lawyer confirms the amount and pays it on closing.
Similar homes nearby
Other multi-unit homes for sale in and around Simcoe, at a similar price.
$899,900
160 Queen Street
Simcoe · Multi-unit
- 10 beds
- 4 baths
- 5,000 ft²
Listing brokerage: Bradley Mottashed Inc.
$549,900
2 Millcroft Drive
Simcoe · Townhouse
- 2 beds
- 3 baths
- 1,244 ft²
Listing brokerage: CENTURY 21 PEOPLE'S CHOICE REALTY INC. BROKERAGE
$509,900
8 Basswood Road
Simcoe · Semi-detached
- 3 beds
- 3 baths
- 1,395 ft²
Listing brokerage: CENTURY 21 PEOPLE'S CHOICE REALTY INC. BROKERAGE