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

$749,000

MLS® # E12518126

Investment For Sale In Lakeview, Oshawa (Lakeview), Ontario

$749,000

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

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

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