358 Simcoe Street

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…

Property Type

Detached

Style

Bungalow

Year Built

100+

Lot Size

39 ft × 165 ft

Heating

Radiant

Cooling

None

Basement

Unfinished

Parking

5 spaces

Annual Taxes

$3,319 (2025)

MLS #

X12842376

Brokerage

BLUE FOREST REALTY INC.

Days on Market

84 days

Estimated payment. Does not include property tax, insurance, or condo fees.

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