





10950 Simcoe Street, Rural Scugog
Price
$1,500,000
Bedrooms2 Beds
Bathrooms2 Baths
Size700-1100 sqft
Year Built31-50
Property TypeHouse
Property Taxes$5405.93
Maintenance FeesNot listed
Description
Stunning Fully Renovated Bungalow With Steady Monthly Income on 10-acre Parcel!!! Discover This Beautifully Renovated All-brick Bungalow Set on 10 Private Acres Just Minutes From Port Perry, Highway 407 and Highway 412. Featuring Modern Upgrades Throughout, This Home Offers Both Comfortable Living, Incredible Income and Future Development Opportunities!the Main Level Boasts an Inviting Open-concept Layout With a Stylish Eat-in Kitchen, Spacious Living Area, and Two Generous Bedrooms. Living Room Features Wood-burning Fireplace and Bay Window. Eat-in Kitchen Step Outside to a Large Deck, Perfect for Enjoying the Peaceful, Tree- Lined Surroundings.the Fully Finished Basement Includes a 2-bedroom Apartment With Its Separate Entrance, Modern Kitchen, and a 4-piece Bath-ideal for Extended Family or Rental Income.at the Back of the Property, and With Its Own Driveway Tastefully Seperated by a Line of Mature Trees, 5 Acres Are Leased to a Stone Company, Providing Steady Additional Monthly Revenue. Combined Rental Income From the Home and Land is Nearly $8,000 Per Month! Other Features Include:?? 100-ft Tree-lined Driveway for Privacy, Attached Double-car Garage, Seperate Basement Entrance, Newer Metal Roof (2020), 200amp Service, Modern Finishes Throughout whether You're an Investor, Multi-generational Family, or Looking for Country Living With Income Potential, This Unique Property is a Must-see!? Don't Miss This Rare Opportunity! Book Your Showing Today!
Property Dimensions
Main Level
Living Room
Dimensions
5.12' × 3.27'
Features
hardwood floor, bay window, wood stove
Other
Dimensions
2.91' × 0.99'
Features
hardwood floor
Foyer
Dimensions
3.27' × 1.13'
Features
hardwood floor, closet
Primary Bedroom
Dimensions
3.75' × 3.27'
Features
hardwood floor, double closet
Kitchen
Dimensions
3.42' × 1.81'
Features
hardwood floor, stone counters, backsplash
Dining Room
Dimensions
3.42' × 2.06'
Features
hardwood floor, w/o to deck
Basement Level
Bedroom 2
Dimensions
3.87' × 2.74'
Features
hardwood floor, double closet
All Rooms
Foyer
Dimensions
3.27' × 1.13'
Features
hardwood floor, closet
Living Room
Dimensions
5.12' × 3.27'
Features
hardwood floor, bay window, wood stove
Dining Room
Dimensions
3.42' × 2.06'
Features
hardwood floor, w/o to deck
Kitchen
Dimensions
3.42' × 1.81'
Features
hardwood floor, stone counters, backsplash
Primary Bedroom
Dimensions
3.75' × 3.27'
Features
hardwood floor, double closet
Bedroom 2
Dimensions
3.87' × 2.74'
Features
hardwood floor, double closet
Other
Dimensions
2.91' × 0.99'
Features
hardwood floor
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The Property Location
Mortgage Calculator
Total Monthly Payment
$5,840 / month
Down Payment Percentage
20.00%
Mortgage Amount (Principal)
$1,200,000
Total Interest Payments
$739,874
Total Payment (Principal + Interest)
$1,939,874
Determine Your Profits After Selling Your Home
Estimated Net Proceeds
$68,000
Realtor Fees
$25,000
Total Selling Costs
$32,000
Sale Price
$500,000
Mortgage Balance
$400,000

Jess Whitehead
Sales Representative
Related Properties

Meet Jess Whitehead
A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.
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