60 Lynnwood Avenue
Simcoe, N3Y 2V6
$459,000
- Bedrooms
- 2
- Bathrooms
- 2
- Interior
- 1,500 ft²
- Lot
- 40 × 105 ft
- Type
- Multi-unit
About this home
Welcome to 60 Lynnwood Ave in Simcoe. This duplex is in a great downtown location, right beside Lynnwood Park and close to trails, the library, restaurants, and shopping. The home has two separate one-bedroom units, each with its own entrance, kitchen, living room, and bathroom. The main floor is currently owner-occupied and will be vacant on closing, giving you the option to move in or rent it out.
Outside, you’ll find a covered front porch, two laneways (one for each unit), and private parking. There’s also a detached garage that can be rented for extra income. The exterior is solid and fully sided. The property is set up with two water meters, two hydro meters, and one gas meter, making it easy to manage utilities for each unit.
Property details
- Property type
- Duplex
- Ownership
- Freehold
- Age
- 100+ Years
- Property taxes
- $3,500
- Heating
- Forced Air, Natural Gas
- Cooling
- Central Air
- Basement
- Full, Unfinished
- Parking
- 4 spaces, detached garage
- Water
- Municipal
- Sewer
- Sewer (Municipal)
- Lot
- 40 × 105 ft lot
- Zoning
- CRB
- Time on market
- 46 days on market
- MLS® number
- 40865002
Features
Outside
- Aluminum Siding
- Asphalt Shing roof
The lot
- City Lot
- High Traffic Area
- Open Spaces
- Park
- Quiet Area
Included with the home: None,Dryer, Refrigerator, Stove, Washer.
Location
Thinking about the area? Read our guide to living in Simcoe.
Estimate your payment
20% down. The minimum on this price is $22,950.
Your monthly payment
$2,032
- Mortgage amount
- $367,200
- Interest over the amortization
- $242,506
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 $459,000 | 2.0% | $1,180.00 |
Ontario land transfer tax
$5,655
- Tax before any refund
- $5,655.00
- You pay on closing
- $5,655.00
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.
$540,000
89 Talbot Street S
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- 4 beds
- 2 baths
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97 Colborne Street S
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- 2 baths
- 1,729 ft²
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109 Talbot Street N
Simcoe · Multi-unit
- 4 beds
- 3 baths
- 2,848 ft²
Listing brokerage: Royal LePage Trius Realty Brokerage