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Property Description
WOW WHY TRAVEL? Rare Live & Work at Home Opportunity in Sought After Lakeview Community of Oshawa. Excellent Potential for the Ambitious Entrepreneur! This 1 1/2 Storey Offers Great Rental Income Potential Featuring 5 Bedrooms, 3 Full Bathrooms, and 2 Kitchens, with Ceilings mostly 9'10" high in most areas and a Full Basement with Ceilings 7' high with a Separate Entrance. Minutes from Hwy 401, Go Train, Transit, Shopping. Curb Cut for 2nd. Optional Driveway. Many Permitted Uses See Attachment Zoned PSC-A Under Zoning By-Law 60-94. This Property Awaits the Ambitious Buyer With Great Wisdom & Vision That Can Forsee And Forecast The Full Potential Opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-03 | 2024-09-02 | 91 | $1,075,000 | - | Terminated |
| 2024-02-06 | 2024-05-05 | 89 | $1,049,990 | - | Expired |
Extras
The Property Offers Ample Parking Space for Up to 20 + Vehicles with a Graded Parking Area. The Basement Foundation Home Features a Complete Perimeter Weeping Tile Drainage System Connected to a Sump Pump Basin.
Property Features
Fenced Yard, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Approximate Sq.Ft.
2000-2500
Lot Size
89' x 112'
Fronting
East
Taxes
$5,000 (2024)
Basement
Full, Sep Entrance
Exterior
Alum Siding, Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
20
Driveway
Pvt Double
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Family | Ground | 12.70' x 18.41' | |
| Living | Ground | 12.76' x 18.31' | |
| Kitchen | Ground | 12.80' x 12.96' | |
| Dining | Ground | 8.99' x 12.70' | |
| 2nd Br | Ground | 11.75' x 14.14' | |
| Prim Bdrm | 2nd | 11.91' x 14.24' | B/I Closet |
| 3rd Br | 2nd | 9.15' x 12.99' | Closet |
| 4th Br | 2nd | 7.97' x 11.91' | Closet |
| 5th Br | 2nd | 7.91' x 11.91' | |
| Other | Bsmt | 17.68' x 25.03' | Walk-Up |
| Other | Bsmt | 11.19' x 16.83' | |
| Other | Bsmt | 12.80' x 15.75' | Walk-Up |
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Oshawa Market Statistics
Oshawa Price Trend
853 Simcoe St S is a 5-bedroom 3-bathroom home listed for sale at $998,888, which is $143,778 (12.6%) lower than the average sold price of $1,142,666 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 5 bedroom home in Oshawa increased by $202,666 (21.6%) compared to the previous 30 day period (September 21 - October 20) and down $327,334 (22.3%) from the same time one year ago.Inventory Change
There were 11 5-bedroom homes listed in Oshawa over the last 30 days (October 21 - November 19), which is down 0.0% compared with the previous 30 day period (September 21 - October 20) and up 10.0% compared with the same period last year.Sold Price Above/Below Asking ($)
5-bedroom homes in Oshawa typically sold $93,370 (8.2%) above asking price over the last 30 days (October 21 - November 19), which represents a $53,370 increase compared to the previous 30 day period (September 21 - October 20) and ($30,000) 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 5-bedroom homes in Oshawa over the last 30 days (October 21 - November 19) stood at 27.3%, up from 18.2% over the previous 30 days (September 21 - October 20) and up from 10.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 5-bedroom 3-bathroom home in Oshawa stood at 65 days when successfully sold over the last 30 days (October 21 - November 19), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Exp Realty
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