$399,999
358 Simcoe Street, London East, ON N6B 1J7
London East
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 5
- Type
- Detached
About this listing
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 exposed wood beams - creating warmth and character you don't often find. Two spacious bedrooms and a bright four-piece bathroom complete the layout. Step outside to a generous patio, perfect for relaxing or entertaining. The rear unit offers its own inviting charm, beginning with a cozy sunroom that leads into a well-sized kitchen and dining area. The living room features impressive ceiling height, creating an airy yet comfortable atmosphere. A large bedroom and three-piece bath make this space ideal for tenants or extended family. Outside, the surprisingly deep backyard includes a stone patio, ample green space, and a substantial storage shed - a rare find this close to downtown. Parking for up to five vehicles adds even more practicality. An exceptional opportunity in one of London's most promising neighbourhoods - whether you're building your portfolio or stepping into homeownership with added income potential, 358 Simcoe Street is worth a closer look.
Property details
- Days on market
- 93 days
- Property taxes
- $3,319/yr (2025)
- Lot size
- 39 × 165 Feet
- Style
- Bungalow
- Heating
- Radiant (Other)
- Basement
- Unfinished
- Construction
- Vinyl Siding
- Facing
- North
- Approximate age
- 100+
Payment calculator
- Mortgage amount
- $319,999
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Location
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Walkability, transit, and bike-friendliness for 358 Simcoe Street, London East, ON N6B 1J7
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MLS# X12842376
Listed by BLUE FOREST REALTY INC.
On market since Mar 4, 2026
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About 358 Simcoe Street, London East, ON N6B 1J7
How much is 358 Simcoe Street, London East, ON N6B 1J7?
358 Simcoe Street, London East, ON N6B 1J7 is listed for $399,999 CAD.
How many bedrooms and bathrooms does 358 Simcoe Street, London East, ON N6B 1J7 have?
358 Simcoe Street, London East, ON N6B 1J7 has 3 bedrooms and 2 bathrooms.
What type of property is 358 Simcoe Street, London East, ON N6B 1J7?
358 Simcoe Street, London East, ON N6B 1J7 is a Detached.
What neighbourhood is 358 Simcoe Street, London East, ON N6B 1J7 in?
358 Simcoe Street, London East, ON N6B 1J7 is in London East, Ontario.
Is 358 Simcoe Street, London East, ON N6B 1J7 for sale or for rent?
358 Simcoe Street, London East, ON N6B 1J7 is currently for sale.
How do I book a showing for 358 Simcoe Street, London East, ON N6B 1J7?
Contact Michael Mezheritsky at +1 (416) 716-4439 to arrange a private showing of 358 Simcoe Street, London East, ON N6B 1J7 (MLS# X12842376). You can also send a message through the contact form on this site.