381 Simcoe St S

Central, Oshawa, L1H 4J2
FOR SALE
$1,299,000
381 Simcoe St S, Oshawa
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
381 Simcoe St S
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8 + 2
BEDROOMS
6
BATHROOMS
6
KITCHENS
16 + 6
ROOMS
E8388414
MLSID
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Property Description
Incredible Investment Opportunity in the Heart of Oshawa! Seize the chance to own a fully rented 6-unit investment property perfectly situated in the vibrant core of Oshawa. This exceptional building comprises four spacious 2-bedroom units and two comfortable 1-bedroom units, already delivering a solid return on investment. Additionally, there's untapped potential to further increase your income by renting out the two large, detached garages at the back and utilizing the two substantial advertising spots on the front upper level of the building. This property boasts a prime location with easy access to Highway 401, public transit, and various amenities, making it an ideal choice for tenants seeking convenience and connectivity. Tenants will appreciate the close proximity to shopping, dining, parks, and schools, ensuring they have everything they need right at their doorstep. Recent upgrades ensure that this property is in excellent condition and ready for new ownership. Significant repairs include a new roof, a sturdy fence, and updated railings, enhancing the building's safety and aesthetic appeal. Apartment 6 has been particularly well-maintained, featuring a new stove, refrigerator, and ceiling, providing modern comforts that will attract and retain tenants. Additional Highlights: Fully Rented: Enjoy secure and steady rental income from day one! Extra Income Potential: Maximize your returns by renting out the detached garages and utilizing the advertising spots! Prime Location: Conveniently located near major highways, public transit, and all essential amenities! Recent Upgrades: New roof, fence, and railing, along with updated appliances in Apartment 6! Don't miss out on this fantastic opportunity to enhance your investment portfolio with a property that combines location, convenience, and potential for increased revenue. Contact us today to learn more and schedule a viewing! Do Not Disturb Tenants! Please respect the privacy of the current tenants!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-11-19 2024-05-27 190 $1,375,000 - Terminated
2023-05-16 2023-11-14 183 $1,395,000 - Expired
2022-05-18 2022-07-01 45 $1,079,000 $959,000 Sold
Extras
Recent Repairs, Including A New Roof, Fence, And Railing. A New Stove, Refrigerator, And Ceiling In Apartment 6 Ensure That This Property IsIn Great Condition And Ready For New Ownership.
Nearby Intersections
Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Lot Size
32' x 140'
Fronting
East
Taxes
$8,404 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Water
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Mutual
Garage Type
Detached
Listing contracted with Berkshire Hathaway Homeservices Toronto Realty
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