$2,137,000
FOR SALE

Investment

Lot: 71.36 x 132.47 ftTotal Area: 196.8 m2
2023 Taxes: $14,078.6

1418 Simcoe St S
Oshawa, ON L1H 4M4 | Lakeview | Durham

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.
Extras
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.
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Listed By ROYAL LEPAGE FRANK REAL ESTATE
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E8310492
Last Updated May 14, 2024
Property Summary
Property Type Investment

More like this:
Use Apartments - 6 to 12 Units
Category Apartment
Legal Description PL 335 Sheet 27 PT LT C18 RP 40R28231 PTS 3T05
Occupancy Tenant
Possession Date TBD
Taxes (2023) $14,078.6
Tax Type Annual
Directions/Cross Streets Simcoe St S & Ritson Rd
Neighbourhood Lakeview
Area Durham
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 71.36 x 132.47 ft
Total Area 196.8 m2
Approximate Age 6-15
Elevator None
Air Conditioning Y
Basement N
Garage Type None
Parking Spaces 8
Heat Type Gas Forced Air Open
Financial Statement Y
% Building 21
Sprinklers N
Sewers San+Storm
Utilities Y
Water Municipal
Lot/Bldg/Unit Code Lot
Zoning R2/R6-B, OSP
Seller Property Info Statement N

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