10950 Simcoe Street, Scugog, ON

Description

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.