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 with Steps 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 and Beautiful Open-Concept Modern Kitchen, and a 4-piece Bathroom - Ideal for Extended Family or Rental Income. At the Back of the Property, and With Its Own Driveway, Tastefully Seperated by a Line of MatureTrees, 5 Acres Are Leased to a Stone Company, Providing Steady Additional Monthly Revenue. Combined Rental Income From the Home and Land is Nearly $7,000 Per Month! Other Features Include: 100-ft Tree-lined Driveway for Privacy, Attached Double-car Garage, SeperateBasement Entrance, Newer Metal Roof (2020), 200amp Service, Modern Finishes Throughout. Whether You Are 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!
Address
10950 Simcoe Street
List Price
$999,000
MLS® Status
New
Expiration Date
2026-03-06
Property Type
Residential Freehold
Type of Dwelling
Detached
Style of Home
Bungalow
Transaction Type
Sale
Area
Scugog
Sub-Area
Rural Scugog
Region
Durham
Bedrooms
2 + 2
Bedrooms (Total)
4
Rooms Above Grade
7
Rooms Below Grade
5
Bathrooms
2
Floor Area
700-1100 Sq. Ft.
Lot Size Source
GeoWarehouse
Lot Depth
1467.13
Lot Shape
Rectangular
Lot Irregularities
1293.32' on south, 10.01-acres
Lot Size Range (Acres)
10 - 24.99
Lot Size Units
Feet
Lot Width
60.12
Parcel Number
268090084
Occupant Type
Tenant
Cross Street
Simcoe St & Shirley
Approx. Age
31 - 50 Years
MLS® Number
E12669736
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Basement Area
Apartment, Separate Entrance, Finished with Walk-Out
Postal Code
L9L 1B3
Posession Details
30-60 Days
Parking
Private
Parking Places (Total)
22
Parking Spaces
20
Tax Amount
$6,534.00
Tax Year
2025
Site Influences
Backs On Green Belt, Landscaped
Exterior Features
Backs On Green Belt, Landscaped
Interior Features
Carpet Free, Propane Tank, Upgraded Insulation, Water Heater Owned
Central Vacuum
No
Family Room
Yes
Ensuite Laundry
No
Special Designation
Unknown
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Source
Propane
Heat Type
Forced Air
Cooling Features
Central Air
Construction Materials
Brick
Direction Faces
West
Fireplace
Yes
Fireplace Features
Living Room, Wood Stove
Foundation Details
Concrete
Garage
Yes
Garage Type
Built-In
Covered Spaces
2
Kitchens Total
2
Kitchens Above Grade
1
Kitchens Below Grade
1
Pool Features
None
Roof
Metal
Tax Legal Description
PT LT 18 CON 1 REACH AS IN CO223418 ; TOWNSHIP OF SCUGOG
Water Source
Drilled Well
View Type
Trees/Woods
Waterfront
No
Sewer
Septic