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Royal LePage
Royal LePage
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$749,000

Oshawa (Lakeview) ON, L1H 4M4

MLS® # E12518126

Property Information:

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 (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 2800 sqft
  • Heating Type: Radiant heat
  • Cooling Type: None
  • Appliances: Dryer

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 5
  • Bathrooms: 1
  • Floor Space (approx): 2800 Square Feet
  • Irregular: Yes
  • Lot Depth: 190.0 Feet
  • Lot Frontage: 55.0 Feet
  • Lot Size: Bldg=55 x 190 FT
  • Zoning: R6
  • No. of Parking Spaces: 5

Courtesy of: RIGHT AT HOME REALTY

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 1398 SIMCOE STREET S, Oshawa (Lakeview), Ontario, L1H 4M4

Demographic Information of 1398 SIMCOE STREET S, Oshawa (Lakeview), Ontario, L1H 4M4

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$101,117.91

Average Number of Children

1.87

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

20.71 %

High school certificate or equivalent

39.45 %

Apprenticeship trade certificate/diploma

6.5 %

College/non-university certificate

20.84 %

University certificate (below bachelor)

0.08 %

University Degree

12.42 %

Commuter

Travel To Work

By Car

83.4 %

By Public Transit

9.59 %

By Walking

0.15 %

By Bicycle

0.0 %

By Other Methods

6.86 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

12.44 %

Houses

87.56 %

Own Vs. Rent

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