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381 Simcoe St S

Simcoe St SCentral OshawaOshawaON, L1H 4J2

10
Beds
6
Baths
$1,299,000
List Price
381 Simcoe St S, Oshawa, ON - 1 of 3
381 Simcoe St S, Oshawa, ON - 2 of 3
381 Simcoe St S, Oshawa, ON - 3 of 3
175 days on market

Quick Summary

  • Fully Rented: Secure and steady rental income
  • Extra Income Potential: Rent garages and use ads
  • Prime Location: Near highways, transit, amenities
  • Recent Upgrades: New roof, fence, railing, appliances
  • Spacious Units: Four 2-bedroom, two 1-bedroom
  • Excellent Condition: Ready for new ownership
  • Convenient Connectivity: Close to essential needs
  • Attractive Aesthetic: Enhances building's appeal

Incredible Investment Opportunity in the Heart of Oshawa! Seize the chance to own a fully rented 6-unit investment property perfectly situated in the vibrant core of Oshawa. This exceptional building comprises four spacious 2-bedroom units and two comfortable 1-bedroom units, already delivering a solid return on investment. Additionally,... Show More

Incredible Investment Opportunity in the Heart of Oshawa! Seize the chance to own a fully rented 6-unit investment property perfectly situated in the vibrant core of Oshawa. This exceptional building comprises four spacious 2-bedroom units and two comfortable 1-bedroom units, already delivering a solid return on investment. Additionally, there's untapped potential to further increase your income by renting out the two large, detached garages at the back and utilizing the two substantial advertising spots on the front upper level of the building. This property boasts a prime location with easy access to Highway 401, public transit, and various amenities, making it an ideal choice for tenants seeking convenience and connectivity. Tenants will appreciate the close proximity to shopping, dining, parks, and schools, ensuring they have everything they need right at their doorstep. Recent upgrades ensure that this property is in excellent condition and ready for new ownership. Significant repairs include a new roof, a sturdy fence, and updated railings, enhancing the building's safety and aesthetic appeal. Apartment 6 has been particularly well-maintained, featuring a new stove, refrigerator, and ceiling, providing modern comforts that will attract and retain tenants. Additional Highlights: Fully Rented: Enjoy secure and steady rental income from day one! Extra Income Potential: Maximize your returns by renting out the detached garages and utilizing the advertising spots! Prime Location: Conveniently located near major highways, public transit, and all essential amenities! Recent Upgrades: New roof, fence, and railing, along with updated appliances in Apartment 6! Don't miss out on this fantastic opportunity to enhance your investment portfolio with a property that combines location, convenience, and potential for increased revenue. Contact us today to learn more and schedule a viewing! Do Not Disturb Tenants! Please respect the privacy of the current tenants! Recent Repairs, Including A New Roof, Fence, And Railing. A New Stove, Refrigerator, And Ceiling In Apartment 6 Ensure That This Property IsIn Great Condition And Ready For New Ownership.

Additional Media

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Property Details

Size

Sq. Ft. Not Available
10 Beds
8 Above Grade - 2 Below Grade
6 Baths

Parking

6 Parking Spaces
Detached

Build

Year Built
-
Model Name
-
Basement
Apartment
Exterior
Brick
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Water
Cooling
None

Utilities

Water
-
Sewer
Sewers
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$8,404.33

Source

Listing Brokerage

MLS® Listing
E8388414
Last Updated
October 31, 2024
Brokerage
BERKSHIRE HATHAWAY HOMESERVICES TORONTO REALTY
Call us 800-591-0566

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