1418 Simcoe St S
Oshawa, L1H4M4
For Sale
$1,997,000
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Apartment
CATEGORY197 Sq Metres
TOTAL AREAE10905644
MLSIDContact Us
Property Description
Calling All Investors!! A fantastic investment opportunity. Prime Location, Low Vacancy and Amazing Cash Flow Potential. Welcome to an exceptional investment opportunity nestled in a vibrant community! A remarkable three-storey building featuring six generously sized 2-bedroom, 1-bathroom suites. Each suite boasts approx. 900 square feet of modern living space. With an open concept layout, ensuite washer/dryer, and stainless steel appliances, these residences epitomize urban living at its finest. Separately Metered. Tenants Pay Their Own Heat & Hydro. Each suite has A/C. Double Entrance to Suite from South or North Staircase. Landlord Pays for Water & Property Maintenance. Above Ground Parking. Assumable Mortgage at an Unbelievable rate of 2.76%! Act now and seize the potential for lucrative returns! **EXTRAS** Walking distance to Lakeview Park, Walking Trails, Ed Broadbent Waterfront Park, and Oshawa Harbour, for an array of recreational activities and scenic waterfront views. Property/Units are Tenanted and Must Be Assumed.
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Property Details
Category
Apartment
Usage
Apts-6 To 12 Units
Zoning
R2/R6-B, OSP
Total Area
197 Sq Metres
Lot Size
71' x 132'
Taxes
$14,079 (2023)
Parking Spaces
8
Air Conditioning
Yes
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Listing contracted with Royal Lepage Frank Real Estate
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