59 days on Market

197 Colborne St, Simcoe, Ontario N3Y 3V4

Townhouse
-
2
~1612 sqft
$•••,•••
$479,900
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Townhouse
-
2
~1612 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$297/sqft

Est. Mortgage$2,061/mo

Tax Amount (2024)$2,143/yr

Days On Market59 days


Description

Great Investment or Live-In Opportunity! Nestled in the heart of Simcoe, this well-maintained 1.5-storey duplex offers the perfect blend of investment potential and comfortable living. One side is currently tenant-occupied, providing immediate rental income, while the other side is vacant and ready for a new owner or tenant. Unit A (vacant) features 2 bedrooms and 1.5 bathrooms, with bright, spacious living areas and functional kitchen, as well as in-suite laundry. The layout is ideal for first time home buyers looking to enter the market. Unit B is tenant occupied and features 1 bedroom, 1 bathroom, cozy living room, nicely appointed kitchen and dining area, as well as a spacious mudroom. Situated in a convenient location close to schools, parks, shopping, and amenities, this property presents an excellent opportunity for investors or those looking to offset their mortgage by living in one unit while renting out the other. Don't miss out on this fantastic duplex in a prime Simcoe location!


Property Details

StyleResidential Income
View-
Age of property-
SqFt~1612 SqFt
Lot Size-
Parking Spaces3
MLS ®Number40705015
Community NameNorfolk County
Data SourceITSO
Listing byERIE'S EDGE REAL ESTATE LTD. BROKERAGE

Features

Heating: Forced Air, Natural Gas
Basement: Partial, Unfinished

Features

Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 3


Property listed by ERIE'S EDGE REAL ESTATE LTD. BROKERAGE, Brokerage
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Market Data - Norfolk County

Geo Zone Map ThumbnailNorfolk County

Strong Buyer's Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

39 days

Compared to

2024

77 days

2023

28 days

2022

8 days

New Listings

Past 30 days

11 listings

Compared to

2024

24 listings

2023

14 listings

2022

13 listings

Units sold

Past 30 days

3 units

Compared to

2024

12 units

2023

7 units

2022

2 units

Median Sold Price

Past 30 days

$583,000

Compared to

2024

$570,000

2023

$550,000

2022

$751,250


Schools and amenities

Estimated Budget