$749,000
Available - For Sale
Listing ID: E12518126
1398 Simcoe Street South , Oshawa, L1H 4M4, Durham
| 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 |
| Price | $749,000 |
| Taxes: | $4833.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 1398 Simcoe Street South , Oshawa, L1H 4M4, Durham |
| Postal Code: | L1H 4M4 |
| Province/State: | Durham |
| Legal Description: | PT LOT C18 SHEET27 P1335 AS IN dr94997 |
| Directions/Cross Streets: | Simcoe/Wentworth |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Building Percentage: | T |
| Total Area: | 2800.00 |
| Total Area Code: | Square Feet |
| Washrooms: | 1 |
| Heat Type: | Radiant |
| Central Air Conditioning: | No |
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At a Glance:
| Type: | Com - Investment |
| Area: | Durham |
| Municipality: | Oshawa |
| Neighbourhood: | Lakeview |
| Tax: | $4,833 |
| Baths: | 1 |
| Fireplace: | N |
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