For Sale: 358 Simcoe Street, London, ON - REW
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$399,999
3 bd 2 ba 1500 - 1999 sf House

358 Simcoe StreetLondon, ON, N6B 1J7

Central London
  • 3 Bed
  • 2 Bath
  • 1500 - 1999 Sqft
  • House

About this home

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. (id:63626)
Listed by: CRAIG DURAND, Salesperson, BLUE FOREST REALTY INC.

Home facts and features

Price details
List Price
Gross Taxes for 2025
$3,319
Home facts
Bedrooms
3
Full Bathrooms
2
Parking Spaces
5
Parking Details
No Garage
Property Type
House
Depth
165 feet
Frontage
39.0 feet
Title
Freehold
Style
Bungalow
Exterior Finish
Vinyl siding
Heating Type
Radiant heat, Other
Basement Details
Unfinished,
Features
Flat site, Separate Electricity Meters
Appliances
Dishwasher, Dryer, Hot Water Instant, Two Refrigerators, Two stoves, Washer
Community
Agent details
Primary Agent
CRAIG DURAND
Primary Broker
BLUE FOREST REALTY INC.
Listing details
Days on REW
93 Days
MLS® Number
X12842376
Source
Canadian Real Estate Association
Board
London and St. Thomas Association of REALTORS®
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St. John French Immersion School
  • Catholic
  • JK - 8
Aberdeen Public School
  • Public
  • JK - 8
Catholic Central High School
  • Catholic
  • 9 - 12
H B Beal Secondary School
  • Public
  • 9 - 12
London Central Secondary School
  • Public
  • 9 - 12
St Mary School
  • Catholic
  • 5 - 8
Tecumseh Public School
  • Public
  • JK - 8
London South Collegiate Institute
  • Public
  • 9 - 12
St Martin School
  • Catholic
  • JK - 8
Lester B Pearson School for the Arts
  • Public
  • 4 - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-06-04.