1418 Simcoe Street S Oshawa, Ontario L1H 4M4
$1,825,000
Calling All Investors!! A fantastic investment opportunity. Prime Location, Low Vacancy and Amazing Cash Flow Potential. Welcome to an exceptional investment opportunity nestled in a vibrant community! A remarkable three-storey building featuring six generously sized 2-bedroom, 1-bathroom suites. Each suite boasts approx. 900square feet of modern living space. With an open concept layout, ensuite washer/dryer, and stainless steel appliances, these residences epitomize urban living at its finest. Separately Metered. Tenants Pay Their Own Heat & Hydro. Each suite has A/C. Double Entrance to Suite from South or North Staircase. Landlord Pays for Water & Property Maintenance. Above Ground Parking. Assumable Mortgage at an Unbelievable rate of 2.76%! Act now and seize the potential for lucrative returns! Walking distance to Lakeview Park, Walking Trails, Ed Broadbent Waterfront Park, and Oshawa Harbour, for an array of recreational activities and scenic waterfront views. Property/Units are Tenanted and Must Be Assumed. (id:54955)
Business
| BusinessType | Residential |
| BusinessSubType | Apartments |
Property Details
| MLS® Number | E12119490 |
| Property Type | Multi-family |
| Community Name | Lakeview |
| ParkingSpaceTotal | 8 |
Building
| Age | 6 To 15 Years |
| Appliances | Dishwasher, Dryer, Stove, Washer, Window Coverings, Refrigerator |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Other |
| SizeInterior | 2118 Sqft |
| Type | Multi-family |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 132 Ft ,5 In |
| SizeFrontage | 71 Ft |
| SizeIrregular | 71 X 132.47 Ft |
| SizeTotalText | 71 X 132.47 Ft |
| ZoningDescription | R2/r6-b, Osp |
https://www.realtor.ca/real-estate/28249279/1418-simcoe-street-s-oshawa-lakeview-lakeview
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Sonia Dutt
Salesperson
1405 Highway 2 Unit 4
Courtice, Ontario L1E 2J6
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May 02 2025 03:24:44
Durham Region Association of REALTORS®
Royal LePage Frank Real Estate