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Home ON Greater Oshawa Durham Region Oshawa Lakeview
1398 SIMCOE STREET S
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1398 SIMCOE STREET S $749,000
$749,000
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1398 SIMCOE STREET S
Oshawa (Lakeview), Ontario L1H4M4

MLS® Number: E12518126
5
Bedrooms
1
Bathrooms
2800
Square Feet

Listing Description

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 (41594490)

Location Description

Cross Streets: Simcoe/Wentworth. ** Directions: south on simcoe near lake front.

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Square Footage
2800 sqft
Community Name
Lakeview
Land Size
Bldg=55 x 190 FT
Annual Property Taxes
$4,833
Total Parking Spaces
5
Time on REALTOR.ca
38 days

Building

Bathrooms
Total
1
Interior Features
Appliances Included
Dryer, Two Washers
Heating & Cooling
Cooling
None
Heating Type
Radiant heat
Utilities
Water
Municipal water
Parking
Total Parking Spaces
5

Measurements

Square Footage
2800 sqft
Exterior Building Size
2800 sqft

Land

Lot Features
Frontage
55 ft
Land Depth
190 ft
Other Property Information
Zoning Description
R6
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