1398 Simcoe Street

Oshawa, L1H 4M4
FOR SALE
$729,000
1398 Simcoe Street, Oshawa
1398 Simcoe Street
1398 Simcoe Street
1398 Simcoe Street
1398 Simcoe Street
1398 Simcoe Street
1398 Simcoe Street
1398 Simcoe Street
1398 Simcoe Street
1398 Simcoe Street
1398 Simcoe Street
1398 Simcoe Street
1398 Simcoe Street
1398 Simcoe Street
Investment
CATEGORY
2,800 Sq Ft
TOTAL AREA
E12518126
MLSID
Contact Us
Property 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
Property Details
Address
1398 Simcoe Street
Community
City
Postal Code
L1H 4M4
Property Type
Investment, Investment
Use
Apartment
Zoning
R6
Lot Size
55' x 190'
Total Area
2,800 Sq Ft
Acreage
9,500.0 Feet
Taxes
$4,833 (2024
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
5
Garage Type
None
Listing contracted with Right At Home Realty
DIALOG CONTENT
Would you like to receive Similar Listing Alerts as soon as they are uploaded to MLS®?
How would you rate our website?
Would you like to rate us on Google?
Yes
128708693