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Property Description
Discover a rare investment opportunity with this charming triplex ideally situated on Simcoe St South, just moments from the stunning lakefront and directly across from Broadbent Park. This property not only offers immediate rental income but also boasts significant development potential under the R6 zoning designation.Three well-maintained units, each with unique character and charm, providing consistent rental income.Steps away from Oshawa's beautiful lakefront, ideal for outdoor enthusiasts. Enjoy the proximity to Broadbent Park, perfect for families and community events. Close to public transportation, shopping, and schools, ensuring high tenant appeal and occupancy rates. The neighbouring property 1398 simcoe st s is also for sale zoning is R6. can be sold together or seperate. 80 Harbour Road (Nahid Harbour Condos) currently in development across the street from property.
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Extras
separately metered apartments -tenants pay their own hydro. Detached Garage for owner storage or extra rent potential. Garden shed is rented by main floor tenant for $80/mth. all units have a washer/dryer.
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Property Details
Street
Community
City
Property Type
Duplex, 2-Storey
Lot Size
41' x 187'
Fronting
West
Taxes
$5,100 (2023)
Basement
Apartment
Exterior
Brick Front, Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
5
Driveway
Available
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Family | Main | 14.99' x 14.99' | Bay Window |
| Kitchen | Main | 10.01' x 14.99' | B/I Stove |
| Prim Bdrm | Main | 10.01' x 12.99' | Closet, Window |
| 2nd Br | Main | 10.01' x 12.99' | Closet, Window |
| Living | Upper | 8.99' x 14.01' | |
| Kitchen | Upper | 6.99' x 10.01' | Window, B/I Stove |
| Br | Upper | 12.99' x 12.01' | Closet |
| Kitchen | Lower | 25.00' x 27.99' | Combined W/Living |
| Br | Lower | 10.01' x 10.99' | Closet |
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Oshawa Market Statistics
Oshawa Price Trend
1402 Simcoe St S is a 4-bedroom 3-bathroom home listed for sale at $899,900, which is $132,147 (12.8%) lower than the average sold price of $1,032,047 in the last 30 days (November 2 - December 1). During the last 30 days the average sold price for a 4 bedroom home in Oshawa increased by $7,046 (0.7%) compared to the previous 30 day period (October 3 - November 1) and up $70,992 (7.4%) from the same time one year ago.Inventory Change
There were 84 4-bedroom homes listed in Oshawa over the last 30 days (November 2 - December 1), which is down 20.8% compared with the previous 30 day period (October 3 - November 1) and down 11.6% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Oshawa typically sold ($16,092) (1.6%) below asking price over the last 30 days (November 2 - December 1), which represents a $7,667 increase compared to the previous 30 day period (October 3 - November 1) and ($25,580) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Oshawa over the last 30 days (November 2 - December 1) stood at 47.6%, up from 45.3% over the previous 30 days (October 3 - November 1) and up from 37.9% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Oshawa stood at 22 days when successfully sold over the last 30 days (November 2 - December 1), compared to 63 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
Similar Listings
Discover the perfect blend of enjoyment and investment opportunity with this charming 2+1 bedroom home, ideally located at 1398 Simcoe St South. Zoned R6, this property offers significant development potential, making it an excellent choice for investors and families alike. This home is not just a residence; it's a strategic investment with endless possibilities.Close to public transportation, shopping, and schools, ensuring high tenant appeal and occupancy rates. Whether you're looking to live, develop, or hold, this property checks all the boxes. Don't miss out! The neighbouring property is also for sale zoned R6. These properties can be sold together or seperate. 80 Harbour Road (Nahid Harbour Condos) currently in development across the street from property.
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LOCATION, LOCATION, LOCATION! Excellent opportunity for First Time Home Buyer or Investor. This recently renovated Bungalow is a LEGAL DUPLEX that sits on a large corner lot facing east! The main floor, or upper unit, features a large eat in kitchen, large living room with picture window, 3 bedrooms, a full 4 piece bathroom and a 2 piece powder room. The basement, or lower level, has a separate side entrance and features a large eat in kitchen, living room, 2 bedrooms and a full bathroom. Both units are fully equipped with in suite laundry! Roof and Eaves were replaced in 2022. Nestled in a tranquil neighborhood with easy access to 401 and walking distance to major shopping centres, restaurants, schools and essential services. This property offers a fantastic opportunity for investors eyeing rental income or families seeking shared yet independent spaces or a mortgage helper. Versatile living options in a prime location. Don't miss your chance to own this exceptional home.
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***Attention Builders, Investors or first time home buyers.*** Welcome to this stunning 57.00 Ft x 132.00 Ft wide lot. 2 unit legal home which offers a perfect blend of comfort & convenience & versatility with 3+2 large bedrooms, 2 kitchens, 2 separate laundry rooms for both units. Both units with upgrades and California shutters on the main.The main floor boasts a spacious layout with functional flow that enhances everyday living. The 2 units bring in over $4500 in rental income or live in one & rent the other. Conveniently located & close to all amenities. Wide & deep lot with 2 functional Garage or can use as storage. Plenty of car parking for 5-6 vehicles. Excellent tenants and both willing to stay if you buy for investment.
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Welcome to 435 Wilson Rd N. This astonishing detached backsplit bungalow comes with 3 bedrooms, 2 full washrooms, 2 kitchens, and stainless steel appliances. Close to all amenities: shoppers drug mart, Costco, Durham College, Ontario Tech University, schools, parks, Hwy 407, and much more.
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Welcome to this stunning duplex on a peaceful court, where modern elegance meets comfort. Both units have been beautifully renovated with stylish touches, creating a contemporary and inviting living experience. Imagine a long driveway and two large backyards, perfect for family gatherings and outdoor relaxation. Unit 1 features a sleek kitchen with quartz countertops and modern appliances, ideal for the aspiring home chef. This unit includes three spacious bedrooms, providing ample space for families, and a bathroom with a tub, perfect for elderly family members. Both units boast gorgeous laminate wood flooring throughout. Unit 2 is fully self-contained with its own washer and dryer, ensuring privacy and convenience. Separate from Unit 1, it offers additional comfort and independence. This duplex is the perfect blend of style, comfort, and functionality, making it an incredible opportunity for first-time investors. Don't miss out on this versatile and beautifully updated property!
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