Diamond Manor Apartment

address icon 9 CHERRY Street Simcoe Ontario

FEATURED For Sale Date icon Apr 18, 2025

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!

General info

  • MLS Listing ID 40711971

  • Bedrooms 6

  • Bathrooms 2

  • Year built 0

  • Heating Heat Pump

  • Cooling Type Ductless

  • Basement Full (Finished)

Location

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