160 Queen Street
Simcoe, N3Y 3Y6
$899,900
- Bedrooms
- 10
- Bathrooms
- 4
- Interior
- 5,000 ft²
- Lot
- 129 × 84 ft
- Type
- Multi-unit
About this home
Turnkey, fully tenanted fourplex on a large quarter-acre lot in town. Well-maintained and income-focused, the property features a steel roof, updated bathrooms, new siding, separate hydro and water meters, gas heat, private outdoor space for each unit, and individual basement storage.
Tenants pay their own utilities. Additional upside includes coin-operated laundry, a single-car garage for landlord use or extra rental income, two parking areas, and potential room for future expansion.
Property details
- Property type
- Fourplex
- Ownership
- Freehold
- Age
- 100+ Years
- Property taxes
- $4,894
- Heating
- Forced Air, Natural Gas
- Basement
- Full, Unfinished
- Parking
- 8 spaces, attached garage
- Water
- Municipal
- Sewer
- Sewer (Municipal)
- Lot
- 129 × 84 ft lot
- Zoning
- R3
- Time on market
- 126 days on market
- MLS® number
- 40841019
Features
Inside
- Separate Hydro Meters
Outside
- Brick
- Vinyl Siding
- Metal roof
The lot
- City Lot
- Library
- Park
- Schools
- Shopping Nearby
Included with the home: None
Location
Thinking about the area? Read our guide to living in Simcoe.
Estimate your payment
20% down. The minimum on this price is $64,990.
Your monthly payment
$3,985
- Mortgage amount
- $719,920
- Interest over the amortization
- $475,449
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 $899,900 | 2.0% | $9,998.00 |
Ontario land transfer tax
$14,473
- Tax before any refund
- $14,473.00
- You pay on closing
- $14,473.00
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.
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