$619,800
83-85 ELM Street
Beds
4
Baths
2
Sqft
—
Year
1968
Type
Multi-family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Simcoe. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
83 Elm & 85 Elm Street. Great opportunity to buy two x 2 bedroom semi-detached homes with separate titles. 83 Elm has been renovated with new kitchen, bathroom, trim, lighting , doors, carpeting, life-proof vinyl flooring and has been freshly painted. 85 Elm has hardwood floors in the living room and main floor and a finished recreation room. The gas furnace was replaced in 2023. Roof shingles, soffits, fascia & eaves July 2019. Both hot water tanks are owned. No rentals. Located at the end of a dead end street. (id:65958)
- Subtype
- Multi-family
- Structure
- Duplex
- Community
- Town of Simcoe
- Common interest
- Freehold
- Living area
- 2,052 square feet
- Parking
- 8 total
- Stories
- 2
- On market
- Feb 5, 2026
- Status changed
- Apr 23, 2026
- Annual tax
- $3,762
- Zoning
- R2
- Photos
- 49
- MLS#
- 40802916
- Area
- SIMCOE
Features and systems
Basement
Heating
Cooling
Exterior
Foundation
Lot
Cash on cash
-6.84%
Cap rate
3.50%
GRM
16.7
Break-even rent
$3,843
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 23, 2026.