89 Talbot Street S
Simcoe, N3Y 2Z4
$540,000
- Bedrooms
- 4
- Bathrooms
- 2
- Interior
- 1,844 ft²
- Lot
- 62 × 135 ft
- Type
- Multi-unit
About this home
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!
Property details
- Property type
- Duplex
- Ownership
- Freehold
- Age
- 100+ Years
- Property taxes
- $3,400
- Heating
- Forced Air, Natural Gas
- Cooling
- Central Air
- Basement
- Partial, Unfinished
- Parking
- 8 spaces, detached garage
- Water
- Municipal
- Sewer
- Sewer (Municipal)
- Lot
- 62 × 135 ft lot
- Zoning
- R2
- Time on market
- 31 days on market
- MLS® number
- 40869158
Features
Inside
- Accessory Apartment
Outside
- Private Entrance
- Vinyl Siding
- Metal roof
The lot
- Irregular Lot
- City Lot
- Hospital
- Library
- Park
- Place of Worship
- Playground Nearby
- Rec./Community Centre
- Schools
- Shopping Nearby
Included with the home: Window Coverings,Fridge, Stove, Washer, Dryer, Dishwasher In Lower Unit. fridge, Stove, Washer And Dryer In Upper Unit.
Location
Thinking about the area? Read our guide to living in Simcoe.
Estimate your payment
20% down. The minimum on this price is $29,000.
Your monthly payment
$2,391
- Mortgage amount
- $432,000
- Interest over the amortization
- $285,301
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 $540,000 | 2.0% | $2,800.00 |
Ontario land transfer tax
$7,275
- Tax before any refund
- $7,275.00
- You pay on closing
- $7,275.00
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.
$459,000
60 Lynnwood Avenue
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- 2 beds
- 2 baths
- 1,500 ft²
Listing brokerage: LPT Realty ULC
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97 Colborne Street S
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- 4 beds
- 2 baths
- 1,729 ft²
Listing brokerage: Re/Max Twin City Realty Inc.
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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