1398 Simcoe Street S, Oshawa, ON L1H 4M4 (Simcoe/Wentworth)

Price : $749,000.00 , MLS®# : E12518126

PUVANESWARANATHAN
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

Location Description

Simcoe/Wentworth

Property Details
  • Community: Lakeview
  • Property Type: Tenant/Commercial
  • Bedrooms: 5
  • Bath: 1
  • Garages: None
  • Annual Property Taxes : $ 4833
Building Features
  • Parking Type : None
Features
  • Heating : RadiantGas

Listing Contracted With: RIGHT AT HOME REALTY