9 CHERRY Street
Simcoe, Ontario
6 bed • 2 bath • Multi-family
Exceptional Investment Opportunity! Turnkey Duplex with Strong Rental Income This updated, purpose-built duplex is a prime investment property. Lower unit is currently vacant providing an excellent opportunity to live in one unit and rent the other or set your own rents. 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. Lower unit has been freshly painted throughout (2026) 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. Don’t miss out on this turnkey investment opportunity—schedule your viewing today! Some photos virtually staged.
Price History
Property
- Lot Size
- 0.23 acres
Schools
Elementary
- West Lynn Public School0.4 km
Public · Grand Erie DSB · 545 students
Grade 3 reading: 58% met the provincial standard · Grade 6 math: 10% met the provincial standard
- St. Joseph's School1 km
Catholic · Brant Haldimand Norfolk CDSB · 605 students
Grade 3 reading: 80% met the provincial standard · Grade 6 math: 44% met the provincial standard
- Elgin Avenue Public School1.8 km
Public · Grand Erie DSB
Secondary
- Holy Trinity Catholic High School0.9 km
Catholic · Brant Haldimand Norfolk CDSB · 980 students
Grade 10 literacy: 83% met the provincial standard
- Simcoe Composite School1.9 km
Public · Grand Erie DSB · 725 students
Grade 10 literacy: 85% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N3Y
- Population
- 23,402
- Private dwellings
- 10,382
- Median age
- 49.2
- Average household size
- 2.3
- Median household income
- $77,500
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Multi-family in Simcoe · last 12 months
- Median sold price
- $0
- Homes sold
- 0
- Median days on market
- 0
- Sale-to-list price
- 0.0%
Based on 0 recorded sales of multi-family properties in Simcoe over the last 12 months.
Location
Mortgage Calculator
$116,980
Estimated Monthly Payment
$2,873
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,873/mo (20% down, 5.5%)
Taxes: $0/mo · Insurance: $146/mo
Estimates only. Consult a financial advisor.
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