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Property Description
Welcome to 191 Simcoe St South, a remarkable detached 2.5-storey triplex nestled in the heart of Oshawa, Ontario. This versatile property is perfect for investors seeking a lucrative rental opportunity with total current rent of $4,446 per month. All three units have their own separate entrance. The second floor unit has 1 bedroom on the 2nd floor and a spacious loft to use as an additional bedroom or extra living space. The main floor unit has 1 bedroom and The recently renovated basement unit is also a 1 bedroom. Ample parking in the back for all 3 units and detached garage is perfect for additional storage. Second Storey unit pays $1786, Main floor pays $1260, Basement pays $1400.
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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 |
Extras
Located moments away from schools, parks, shopping centers, and all the amenities Oshawa has to offer. Commuters will appreciate the easy access to major highways, making travel to nearby cities a breeze.
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Property Details
Street
Community
City
Property Type
Detached, 2 1/2 Storey
Lot Size
42' x 132'
Fronting
East
Taxes
$4,453 (2024)
Basement
Apartment, Sep Entrance
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
8
Driveway
Private
Garage Type
Detached
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 12.30' x 11.35' | Laminate, W/O To Deck |
| Br | Main | 9.19' x 11.32' | Laminate |
| Den | Main | 9.65' x 7.55' | Laminate |
| Living | Main | 13.35' x 8.69' | Laminate |
| Living | 2nd | 16.73' x 11.15' | Laminate, Pot Lights |
| Br | 2nd | 11.48' x 11.32' | Laminate |
| Kitchen | 2nd | 11.32' x 10.60' | Ceramic Floor, Granite Counter, Modern Kitchen |
| Loft | 3rd | 10.33' x 27.56' | Laminate, Closet, Pot Lights |
| Living | Bsmt | 10.30' x 12.47' | Laminate, Pot Lights |
| Br | Bsmt | 10.50' x 8.40' | Laminate, Pot Lights |
| Kitchen | Bsmt | 16.40' x 7.55' | Ceramic Floor, Pot Lights |
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Oshawa Market Statistics
Oshawa Price Trend
191 Simcoe St S is a 3-bedroom 3-bathroom home listed for sale at $740,000, which is $28,681 (3.7%) lower than the average sold price of $768,681 in the last 30 days (August 21 - September 19). During the last 30 days the average sold price for a 3 bedroom home in Oshawa increased by $12,373 (1.6%) compared to the previous 30 day period (July 22 - August 20) and up $10,169 (1.3%) from the same time one year ago.Inventory Change
There were 192 3-bedroom homes listed in Oshawa over the last 30 days (August 21 - September 19), which is up 22.3% compared with the previous 30 day period (July 22 - August 20) and up 24.7% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Oshawa typically sold $12,655 (1.6%) above asking price over the last 30 days (August 21 - September 19), which represents a $3,359 increase compared to the previous 30 day period (July 22 - August 20) and $33,389 less 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 3-bedroom homes in Oshawa over the last 30 days (August 21 - September 19) stood at 60.4%, up from 54.8% over the previous 30 days (July 22 - August 20) and down from 92.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 3-bathroom home in Oshawa stood at 16 days when successfully sold over the last 30 days (August 21 - September 19), compared to 48 days before being removed from the market upon being suspended or terminated.Listing contracted with Dan Plowman Team Realty Inc.
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