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4 + 1
BEDROOMS3
BATHROOMS2 + 1
KITCHENS8 + 3
ROOMSE11971805
MLSIDContact Us
Property Description
This legal triplex offers multiple value-add opportunities with commercial zoning (PSC-A), including the potential addition of a garden suite (currently a detached garage and spacious parking lot with space for 9+ cars) Buyer to perform due diligence. Alternatively, the main floor unit will be vacant and available for renovation in May. All three self-contained units have separate hydro meters and heating controls, with shared laundry in the basement and current rental income of $4,496 combined/month. Recent upgrades include new railings at the front entrance, an added banister to the staircase for the upper unit, and a renovated basement unit. Located centrally in Oshawa, this property offers convenient access to Highway 401, Durham College, Oshawa GO, and is within walking distance to local amenities, schools, and parks.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-09 | 2024-09-16 | 7 | $1,450 | $1,450 | Leased |
| 2024-07-20 | 2024-09-09 | 51 | $1,500 | - | Terminated |
| 2024-07-20 | 2024-09-09 | 51 | $1,500 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Triplex, 2 1/2 Storey
Approximate Sq.Ft.
1500-2000
Lot Size
42' x 132'
Fronting
East
Taxes
$4,123 (2024)
Basement
Apartment, Finished
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
9
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.30' x 11.35' | |
| Living | Main | 13.35' x 8.69' | |
| Br | Main | 9.19' x 11.32' | |
| 2nd Br | Main | 31.63' x 24.74' | |
| Kitchen | 2nd | 11.32' x 10.60' | |
| Living | 2nd | 16.73' x 11.15' | |
| Br | 2nd | 11.48' x 11.32' | |
| 2nd Br | 3rd | 10.33' x 27.56' | |
| Kitchen | Bsmt | 16.40' x 7.55' | |
| Living | Bsmt | 10.30' x 12.47' | |
| Br | Bsmt | 10.50' x 8.40' |
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Oshawa Market Statistics
Oshawa Price Trend
191 Simcoe St S is a 4-bedroom 3-bathroom home listed for sale at $734,999, which is $287,469 (28.1%) lower than the average sold price of $1,022,468 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 4 bedroom home in Oshawa increased by $70,885 (7.4%) compared to the previous 30 day period (December 22 - January 20) and down $62,857 (5.8%) from the same time one year ago.Inventory Change
There were 86 4-bedroom homes listed in Oshawa over the last 30 days (January 21 - February 19), which is up 83.0% compared with the previous 30 day period (December 22 - January 20) and up 48.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Oshawa typically sold ($505) (0.0%) below asking price over the last 30 days (January 21 - February 19), which represents a $11,786 increase compared to the previous 30 day period (December 22 - January 20) and ($2,439) 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 (January 21 - February 19) stood at 58.1%, up from 51.1% over the previous 30 days (December 22 - January 20) and down from 74.1% 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 29 days when successfully sold over the last 30 days (January 21 - February 19), compared to 48 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Burloak Real Estate Services
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Investor's Dream! Discover this legally registered triplex in the heart of Oshawa, featuring three well-maintained 1-bedroom units. Located steps from Costco, shopping centers, dining, parks, public transit, schools, and Ontario Tech University, this property offers unparalleled convenience. Each unit is individually metered for hydro, ensuring hassle-free management. The shared laundry in the basement adds to tenant appeal. The main floor unit is currently vacant, while the other two units house long-term tenants, providing immediate rental income. This is an exceptional investment opportunity you wont want to miss!
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