9 Cherry Street, Simcoe ON N3Y 1B3

$ 584,900
9 Cherry Street, Simcoe ON N3Y 1B3,
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Overview

  • Updated On:
  • April 18, 2025
  • 6 Bedrooms
  • 2 Bathrooms
  • 1,090 ft2

Description

Exceptional Investment Opportunity! Turnkey Duplex with Strong Rental Income

This updated, purpose-built duplex is a prime investment property, generating an impressive $44,904 annually in gross rental income. Located in a highly desirable Simcoe neighborhood, this property is just minutes from shopping, schools, parks, and scenic trails.

The duplex features two spacious 3-bedroom units, each with its own private driveway and separate meters for added convenience. Both units have been thoughtfully updated with modern finishes, including brand-new kitchens (2021), flooring (2022), bathrooms (2021), and roof (2021). Additionally, both units are equipped with four-head split ductless AC/heat pumps (2021), ensuring year-round comfort and energy efficiency.

Sitting on a large lot, this property offers plenty of potential and is ideally situated near essential amenities. Whether you’re an investor looking for a steady income stream or a homeowner seeking extra rental income, this duplex is an excellent choice.
Upper Unit pays $1900 plus heat and hydro. Lower Unit pays $1842 plus heat and hydro.

Don’t miss out on this turnkey investment opportunity—schedule your viewing today!

Address: 9 Cherry Street, Simcoe ON N3Y 1B3
City:
State/County:
Zip: N3Y 1B3
Country: CA
Open In Google Maps
Property Id : 2649436
Price: $ 584,900
Property Size: 1,090 ft2
Bedrooms: 6
Bathrooms: 2
Other Features
Dryer
Has Heating System
Open Parking
Refrigerator
Separate Heating Controls
Separate Hydro Meters
Stove
Washer
$ 2,267.77
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
$ 2,267.77

Mazher Latif

Real Estate Agent
Member of: Cityscape Real Estate Ltd., Brokerage

Contact Me

Schedule a showing?
Call +1 (519) 209-6934 WhatsApp

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Mazher Latif