160 QUEEN Street

Town of Simcoe, Simcoe · MLS® 40841019

1048

5,000 sq ft · House · Multi-family · 114 days on market

listed by Bradley Mottashed, Bradley Mottashed Inc.

realtor's description

Turnkey, fully tenanted fourplex on a large quarter-acre lot in town. Well-maintained and income-focused, the property features a steel roof, updated bathrooms, new siding, separate hydro and water meters, gas heat, private outdoor space for each unit, and individual basement storage. Tenants pay their own utilities. Additional upside includes coin-operated laundry, a single-car garage for landlord use or extra rental income, two parking areas, and potential room for future expansion.

property details

type: House, Multi-family
bedrooms: 10
bathrooms: 4
living area: 5,000 sq ft
parking: 8
property tax: $4,894 / yr
days on market: 114
MLS®: 40841019

features

Laundry- Coin operated

monthly cost

$4,546/mo

Mortgage $4,139 · Tax $408

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$4,139/ monthly

loan $759,920

25-year amortization

down payment20% · $189,98020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $481,667
cash to close: $189,980; down payment; transfer tax and fees not included
total paid: $1,241,587

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.