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$484,000
Ontario,London East (East K)
For Sale Active
358 SIMCOE STREET, London East (East K), Ontario N6B1J7
  • 3
  • 2
  • 1500 - 2000Square Feet
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Basic Details
Description

Mortgage Helper Opportunity! Welcome to 358 Simcoe Street, located in London’s energetic and evolving SOHO district. Whether you’re an investor looking for solid cash flow, a first-time buyer hoping to offset your mortgage, or someone wanting flexibility in a growing neighbourhood, this property checks the boxes. Currently generating $3,500 per month in rental income (Front 2-Bedroom: $2,000 / Back 1-Bedroom:

$1,500), this home offers two self-contained living spaces designed for both function and comfort. The front unit features an updated kitchen complete with modern cabinetry, stainless steel appliances, a sleek tile backsplash, and a butcher block island that anchors the space beautifully. The open living area flows into a dining/rec space highlighted by soaring cathedral ceilings and exposed wood beams – creating warmth and character you don’t often find. Two spacious bedrooms and a bright four-piece bathroom complete the layout. Step outside to a generous patio, perfect for relaxing or entertaining. The rear unit offers its own inviting charm, beginning with a cozy sunroom that leads into a well-sized kitchen and dining area. The living room features impressive ceiling height, creating an airy yet comfortable atmosphere. A large bedroom and three-piece bath make this space ideal for tenants or extended family. Outside, the surprisingly deep backyard includes a stone patio, ample green space, and a substantial storage shed – a rare find this close to downtown. Parking for up to five vehicles adds even more practicality. An exceptional opportunity in one of London’s most promising neighbourhoods – whether you’re building your portfolio or stepping into homeownership with added income potential, 358 Simcoe Street is worth a closer look. (id:62650)

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Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: X12842376
  • Price: $484,000
  • Bedrooms: 3
  • Bathrooms: 2
  • Square Footage: 1500 - 2000 Sqft
  • Status: Active
  • Property Sub Type: Single Family
  • Office Key: 275901
Features & Appliances
Features
  • Heating System: Other, Radiant heat
  • Cooling System: None
  • Basement: Unfinished, N/A
  • Parking: No Garage
  • Architectural Style: Bungalow
  • Exterior Features: Vinyl siding
  • Sewer: Sanitary sewer
  • Utilities: Electricity, Sewer, Cable
Address Map
  • Location: CA, Ontario, London East (East K), N6B1J7
  • Street: Simcoe
  • Street Number: 358
  • Street Suffix: Street
  • Longitude: W82° 45' 41.5''
  • Latitude: N42° 58' 48.5''
Additional Information
  • Water Source:
  • Foundation Details:
  • Lot Features:
  • Lot Size Dimensions: 39 x 165 FT
  • Stories: 1.0
Financial
  • Tax Annual Amount: 3319
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Listing updated: 2026-03-04 03:33:24
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Listing Information
  • List Agent Key: 1987856
  • List Office Key: 275901
  • Modification Timestamp: 2026-03-04T06:00:41Z
  • Originating System Name: London and St. Thomas Association of REALTORS®
  • Status Change Timestamp: 2026-03-04T05:52:05Z
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Listing updated: 2026-03-04 03:33:24
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