$1,997,000
FOR SALE

Multiplex

Lot: 71 x 132.42 ft

1418 Simcoe Street S
Oshawa (Lakeview), ON L1H 4M4

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! (id:47421)
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Listed By ROYAL LEPAGE FRANK REAL ESTATE
Data Provided By Central Lakes Association of REALTORS®
MLS® Listing Number E12004791
Last Updated Mar 24, 2025
Property Summary
Property Type Multiplex

More like this:
Use Apartments
Community Lakeview
Price History

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Detailed Information
Lot 71 x 132.42 ft
Listing Contract Date 2025-03-05
Location Description Simcoe St S & Ritson Rd
# of Parking Spaces 8
Property Type Multi-family
Transaction Type For sale
Zoning Description R2/R6-B, OSP
Business
Business Type Residential
Business Subtype Apartments
Building
Age 6 to 15 years
Appliances Dishwasher, Dryer, Stove, Washer, Window Coverings, Refrigerator
Cooling Type Fully air conditioned
Heating Fuel Natural gas
Heating Type Other
Type Multi-Family
Utility Water Municipal water
Land
Total Size 71 x 132.47 FT
Size of Irregular Land 71 x 132.47 FT

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