Home with vinyl exterior material, street for 9 Cherry St, Simcoe Ontario N3Y 1B3
37 days on Market

9 Cherry St, Simcoe, Ontario N3Y 1B3

Townhouse
-
2
~2180 sqft
$•••,•••
$584,900
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Townhouse
-
2
~2180 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$268/sqft

Est. Mortgage$2,512/mo

Tax Amount (2025)$3,153/yr

Days On Market37 days


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!


Property Details

StyleResidential Income
View-
Age of property-
SqFt~2180 SqFt
Lot Size9,887 SqFt(197.74 x 50)
Parking Spaces2
MLS ®Number40711971
Community NameNorfolk County
Data SourceITSO
Listing byRe/Max Twin City Realty Inc.

Features

Heating: Electric, Heat Pump
Cooling: Ductless
Basement: Separate Entrance, Walk-Up Access, Full, Finished

Features

Lot size: 9,887 SqFt
Sewer (Municipal)

Parking

Garage spaces -

Garage type -

Total parking spaces 2


Property History

Apr 1, 2025
ListedActive
$584,900
37 days on market
history photo preview27
Listing by itso®
Property listed by Re/Max Twin City Realty Inc., 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