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$ 749,000
Est. payment /mo
Active
1398 Simcoe ST S Oshawa, ON L1H 4M4
5 Beds
1 Bath
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Subdivision Lakeview
MLS Listing ID E12518126
Bedrooms 5
Annual Tax Amount $4,833
Tax Year 2024
Property Sub-Type Investment
Property Description
Legal 2+1 dwelling located in a desirable south Oshawa neighborhood, just minutes from the lakefront, parks, trails, and transit. Zoned R6, this fully tenanted property offers strong cash flow with excellent tenants already in place.Upper Unit: $1,400/monthMain Unit: $1,602/monthLower Unit: $1,950/monthEach unit features separate entrances, updated finishes, and functional layouts ideal for long-term tenancies. Ample 5 car parking and a spacious lot provide added convenience and future potential under R6 zoning.Perfect for investors seeking a turnkey property with steady income and growth potential in a thriving area of Oshawa .Close to lakefront, amenities, GO Transit, Hwy 401Excellent investment with consistent cash flow @ 6% Cap Rate
Location
Province ON
County Durham
Community Lakeview
Area Durham
Zoning R6
Rooms
Kitchen 3
Interior
Cooling No
Inclusions 3 stoves, 3 fridges, 2 washers and 2 dryers
Exterior
Parking Features None
Utilities Available Yes
Building
Lot Description Building
Others
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Lited by RIGHT AT HOME REALTY
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