Stunning Fully Renovated Bungalow on 10 Private Acres With Strong Monthly Income Potential! Discover this beautifully updated all-brick bungalow set on a picturesque 10-acre parcel just minutes from Port Perry and convenient access to Highways 407 and 412. Offering the perfect blend of country living, modern comfort, and exceptional income potential, this unique property presents a rare opportunity for investors, multi-generational families, or buyers seeking space with financial upside. The main level features an inviting open-concept layout with a stylish eat-in kitchen, bright living room with bay window and cozy wood-burning fireplace, and two spacious bedrooms. Walk out from the kitchen to a large deck overlooking peaceful, tree-lined surroundings, ideal for relaxing or entertaining. The fully finished lower level includes a self-contained 2-bedroom apartment with 2 separate entrances, modern open-concept kitchen, and 4-piece bath, perfect for extended family or generating rental income. Adding to the property's appeal, approximately 5 acres at the rear of the property are currently leased to a stone company and accessed by a separate driveway, providing steady additional monthly revenue while maintaining privacy for the residence. Combined income potential from the home and land approaches $7,000 per month. Additional features include a long tree-lined driveway, attached double-car garage, 200-amp service, modern updates throughout, and a durable metal roof (2020). A rare opportunity to own a private 10-acre property with built-in income and long-term potential, all within easy reach of the GTA.
Address
10950 Simcoe Street
List Price
$1,250,000
MLS® Status
New
Expiration Date
2026-05-10
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
MPAC
Lot Depth
1467.13
Lot Size Units
Feet
Lot Width
60.12
Parcel Number
268090084
Occupant Type
Tenant
Cross Street
Simcoe St & Shirley
MLS® Number
E12859084
Listing Brokerage
RE/MAX REALTRON REALTY INC.
Basement Area
Apartment, Finished with Walk-Out, Separate Entrance
Postal Code
L9L 1B3
Parking Places (Total)
22
Parking Spaces
20
Tax Amount
$6,534.00
Tax Year
2026
Interior Features
Carpet Free, Primary Bedroom - Main Floor, Propane Tank, Water Heater
Central Vacuum
No
Family Room
No
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
North
Fireplace
Yes
Fireplace Features
Wood Stove
Foundation Details
Concrete
Garage
Yes
Garage Type
Attached
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
Waterfront
No
Sewer
Septic
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