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$ 774,500
Est. payment /mo
New
1398 Simcoe ST S Oshawa, ON L1H 4M4
5 Beds
3 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Lakeview
MLS Listing ID E12362510
Style 1 1/2 Storey
Bedrooms 5
Annual Tax Amount $4,539
Tax Year 2024
Property Sub-Type Multiplex
Property Description
Investment Opportunity in Prime Oshawa Location Legal 2+1. This well-maintained building is the perfect addition to your investment portfolio or an ideal choice for first-time buyers looking to offset costs with rental income. The property features:Two spacious 2-bedroom units, One 1-bedroom b apartment With a 50 x 190 ft lot, this property offers amazing potential for future development while already generating solid rental income.Located just steps from the beautifully restored Oshawa waterfront, enjoy easy access to walking and biking trails, parks, beaches, fishing, and restaurants making this a highly desirable area for tenants and owners alike.This property has been operating as a 2+1 unit building for over 20 years, providing peace of mind for any investor.Recent Upgrades Include:Renovated basement apartment, New split boiler heating system (efficient + cost-effective),New exterior handrails, Large private backyard, Parking for up to 5 vehicles. Whether you're an investor seeking a reliable income-producing property or a buyer looking to live in one unit while renting the others, this is a rare opportunity you don't want to miss!
Location
Province ON
County Durham
Community Lakeview
Area Durham
Zoning R6
Rooms
Basement Apartment
Kitchen 3
Interior
Interior Features Accessory Apartment
Cooling None
Inclusions 3 stoves, 3 fridges, 2 washers, 2 dryers
Exterior
Parking Features None
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 5
Building
Foundation Block
Others
Virtual Tour https://vimeopro.com/yourvirtualtour/1398-simcoe-street-s
Lited by RIGHT AT HOME REALTY