About 9 Cherry Street
Exceptional Investment Opportunity! Turnkey Duplex with Strong Rental Income This updated, purpose-built duplex is a prime investment property, generating an impressive $44,904 annually in gross rental income. Located in a highly desirable Simcoe neighborhood, this property is just minutes from shopping, schools, parks, and scenic trails. The duplex features two spacious 3-bedroom units, each with its own private driveway and separate meters for added convenience. Both units have been thoughtfully updated with modern finishes, including brand-new kitchens (2021), flooring (2022), bathrooms (2021), and roof (2021). Additionally, both units are equipped with four-head split ductless AC/heat pumps (2021), ensuring year-round comfort and energy efficiency. Sitting on a large lot, this property offers plenty of potential and is ideally situated near essential amenities. Whether you're an investor looking for a steady income stream or a homeowner seeking extra rental income, this duplex is an excellent choice. Upper Unit pays $1900 plus heat and hydro. Lower Unit pays $1842 plus heat and hydro. Don’t miss out on this turnkey investment opportunity—schedule your viewing today!
Features of 9 Cherry Street
| MLS® # | 40711971 |
|---|---|
| Price | $584,900 |
| Bedrooms | 6 |
| Bathrooms | 2.00 |
| Square Footage | 1,090 |
| Acres | 0.00 |
| Type | Residential Income |
| Sub-Type | Duplex Up/Down |
| Status | Active |
Community Information
| Address | 9 Cherry Street |
|---|---|
| Area | Town of Simcoe |
| Subdivision | Town of Simcoe |
| City | Simcoe |
| County | Norfolk |
| Province | ON |
| Postal Code | N3Y 1B3 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Exclusive |
| # of Garages | 0.00 |
| Is Waterfront | No |
Interior
| Interior Features | Separate Heating Controls, Separate Hydro Meters |
|---|---|
| Appliances | Dryer, Refrigerator, Stove, Washer |
| Heating | Electric, Heat Pump |
| Cooling | Ductless |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Separate Entrance, Walk-Up Access, Full, Finished |
Exterior
| Lot Description | Park, Schools, Shopping Nearby, Trails |
|---|---|
| Roof | Asphalt Shing |
| Construction | Brick Veneer, Vinyl Siding |
| Foundation | Poured Concrete |
Additional Information
| Date Last Updated | June 13th, 2025 |
|---|---|
| Zoning | R2 |
Listing Details
| Office | Re/Max Twin City Realty Inc. |
|---|