1398 Simcoe Street S, Oshawa (lakeview), Ontario

$749,000

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5

Beds

1

Bath

2,800

Square feet

About 1398 Simcoe Street S

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 (id:36535)

Features of 1398 Simcoe Street S

Listing # E12518126
Price $749,000
Bedrooms 5
Bathrooms 1.00
Square Footage 2,800
Acres 0.00
Type Multi-family

Community Information

Address 1398 Simcoe Street S
Subdivision Lakeview
City Oshawa (lakeview)
Province Ontario
Postal Code L1H4M4

Amenities

Parking Spaces 5
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Two Washers
Heating Radiant heat
Cooling None
Fireplace No
Has Basement No

Exterior

Lot Description Bldg=55 x 190 FT

Listing Details

OfficeCourtesy Of ASHLEY SICILIANO Of RIGHT AT HOME REALTY

Listing Map