1398 Simcoe Street S Oshawa, Ontario L1H 4M4

5 Bedroom 1 Bathroom 2,800 ft2
None Radiant Heat

$749,000

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:61203)

Property Details

MLS® Number E12518126
Property Type Multi-family
Community Name Lakeview
Parking Space Total 5

Building

Bathroom Total 1
Bedrooms Total 5
Appliances Dryer, Two Washers
Cooling Type None
Heating Type Radiant Heat
Size Exterior 2800 Sqft
Size Interior 2,800 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 190 Ft
Size Frontage 55 Ft
Size Irregular Bldg=55 X 190 Ft
Size Total Text Bldg=55 X 190 Ft
Zoning Description R6

https://www.realtor.ca/real-estate/29076364/1398-simcoe-street-s-oshawa-lakeview-lakeview

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Right At Home Realty
242 King Street E Unit 1a
Oshawa, Ontario L1H 1C7

(905) 665-2500
(905) 665-3167
www.rightathomerealty.com/

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