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Home ON Norfolk Norfolk County Simcoe
9 CHERRY Street
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9 CHERRY Street $599,900
5 days ago
$599,900
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9 CHERRY Street
Simcoe, Ontario N3Y1B3

MLS® Number: 40711971
6
Bedrooms
2
Bathrooms
2180
Square Feet

Listing 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. Upper Unit pays $1900 plus heat and hydro. Lower Unit pays $1842 plus heat and hydro. 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. Don’t miss out on this turnkey investment opportunity—schedule your viewing today! (68818617)

Location Description

Norfolk Street to Cherry Street

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
1
Square Footage
2180 sqft
Subdivision Name
Town of Simcoe
Title
Freehold
Land Size
under 1/2 acre
Annual Property Taxes
$3,153.48
Total Parking Spaces
2
Time on REALTOR.ca
5 days

Building

Bathrooms
Total
2
Interior Features
Basement Type
Full (Finished)
Building Features
Foundation Type
Poured Concrete
Rental Equipment
Water Heater
Structures
Shed
Total Units
2
Heating & Cooling
Cooling
Ductless
Heating Type
(Electric), Heat Pump
Utilities
Utility Sewer
Municipal sewage system
Water
Municipal water
Exterior Features
Exterior Finish
Brick Veneer, Vinyl siding
Neighbourhood Features
Amenities Nearby
Park, Schools, Shopping
Parking
Total Parking Spaces
2

Measurements

Square Footage
2180 sqft
Above Grade Finished
1090 sqft
Source: Other
Below Grade Finished
1090 sqft
Source: Other
Total Unfinished
2180 sqft

Land

Lot Features
Frontage
50 ft
Land Depth
198 ft
Other Property Information
Zoning Description
R2
Data provided by: Brantford Regional Real Estate Assn Inc 106 George Street, Brantford, Ontario N3T 2Y4

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