Price ChangeFor Sale

1398 Simcoe Street S
Oshawa, Durham, ON, L1H 4M4

Investment
TRREB
MLS® Number: E12518126
$729,000List Price
InvestmentProperty Type
2,800 sq ftSize
$4,833 / 2024Taxes (Annual)
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PRICE CHANGED
$729,000
Previously Listed For:
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Listing History

Buy/sell history for 1398 Simcoe Street S, Oshawa, ON L1H 4M4

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Description

Legal 2+1 dwelling located in a desirable south Oshawa neighborhood, just minutes from the lakefront, parks, trails, and transit. Zoned R6, this fully tenanted property offers strong cash flow with excellent tenants already in place.Upper Unit: $1,400/monthMain Unit: $1,602/monthLower Unit: $1,950/monthEach unit features separate entrances, updated finishes, and functional layouts ideal for long-term tenancies. Ample 5 car parking and a spacious lot provide added convenience and future potential under R6 zoning.Perfect for investors seeking a turnkey property with steady income and growth potential in a thriving area of Oshawa .Close to lakefront, amenities, GO Transit, Hwy 401Excellent investment with consistent cash flow @ 6% Cap Rate

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$4,833 / 2024
Listing #:E12518126
Property Type:Investment
Size:2,800 sq ft
Land Size:55 x 190
Days on CPRB:
Garage:None
Locker:None
On CPRB Since:
Listing Brokerage:RIGHT AT HOME REALTY

Rooms

Details

Property

Property Type:Investment
Community:Lakeview
Municipality:Durham

Building

Size:2,800 sq ft

Inside

Bedrooms:5
Bathrooms:1
Kitchens:3
Family Room:No

Parking

Garage Type:None
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:No
Heating Type:Radiant
Heating Fuel:Gas

Land

Cross Street:Simcoe/Wentworth

$729,000

List price

1398 Simcoe Street S, Oshawa – 5 bed Investment for sale · MLS® # E12518126