184 Simcoe Street
East K
London East
N6B 1H9
$705,000
Residential Freehold
beds: 5+1
baths: 4.0
- Status:
- Sold
- Sold Date:
- Jan 05, 2026
- Listed Price:
- $705,000
- Sold Price:
- $705,000
- Sold in:
- 80 days
- Prop. Type:
- Residential Freehold
- MLS® Num:
- X12469490
- Bedrooms:
- 5+1
- Bathrooms:
- 4
Turnkey fourplex generating approximately $5,500 in gross monthly income, or about $66,000 annually. After mortgage, insurance, and utilities, the property maintains a net positive cash flow, offering an estimated return of over 9%. The building includes four fully renovated units, each with its own kitchen and bath. Unit #1 rents for $1,750/month and features 2 bedrooms, a living room, kitchen, and bath. Unit #2 rents for $1,050/month, Unit #3 for $1,332.50/month, and Unit #4 for $1,230/month - each with 1 bedroom, kitchen, and bath. Coin laundry adds an additional $150/month. This solid brick building sits on a deep lot with over 5 parking spaces and zoning potential for rear parking. It includes 5 total bedrooms, 4 full bathrooms, and 4 kitchens, with 4 separate hydro meters. Additional features include baseboard electric heating in all units, a coin-operated washer and dryer, and a dedicated storage and utility room. The property is fully tenanted and ready for immediate cash flow.
- Property Type:
- Residential Freehold
- Property Sub Type:
- Fourplex
- Home Style:
- 2-Storey
- Total Approx Floor Area:
- 2000-2500
- Lot Depth:
- 197'8⅞"60.3 m
- Lot Frontage:
- 38'7"11.8 m
- Direction Faces:
- North
- Bedrooms:
- 5+1
- Bathrooms:
- 4.0
- Water supply:
- Municipal
- Kitchens:
- 4
- Kitchens in Basement:
- 1
- Bedrooms Above Grade:
- 5
- Bedrooms Below Grade:
- 1
- Kitchens Above Grade:
- 3
- Rooms Above Grade:
- 13
- Rooms Below Grade:
- 5
- Heating type:
- Baseboard
- Heating Fuel:
- Electric
- Foundation:
- Concrete
- Roof:
- Asphalt Shingle
- Basement:
- Finished
- Fireplace/Stove:
- No
- Garage:
- None
- Garage Spaces:
- 0.0
- Parking Spaces:
- 5
- Total Parking Spaces:
- 5.0
- Family Room:
- No
- Possession Details:
- Flexible
- Pool:
- None
- HST Applicable To Sale Price:
- Not Subject to HST
- Taxes:
- $3,445 / 2024
- Assessment:
- $- / -
- Middlesex
- London East
- East K
- Carpet Free
- dryer, refrigerator, stove, washer
- tenant belongings
- Brick
- Special Designation:
- Unknown
- Sewers:
- Sewer
- Air Conditioning:
- Other
- Central Vacuum:
- No
- Seller Property Info Statement:
- No
- Laundry Level:
- Lower Level
- Date Listed:
- Oct 17, 2025
-
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Data was last updated January 7, 2026 at 11:15 PM (UTC)
- ANDREW JOHN COCKS
- COCKS INTERNATIONAL REALTY INC., BROKERAGE
- 1-705-380-3166
- info@cocksrealty.ca
- LAURA BLAKEY
- COCKS INTERNATIONAL REALTY INC., BROKERAGE
- 705-349-8060
- laura@cocksrealty.ca
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