$1,299,000

381 Simcoe St S

Central, Oshawa, Ontario, L1H 4J2

| | | sq.ft. |
Estimate Mortgage Payments

Properties with this icon are courtesy of TRREB.

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!

Property Info
MLS®: E8388414
Listing Courtesy of BERKSHIRE HATHAWAY HOMESERVICES TORONTO REALTY
Total Bedrooms 8
Total Bathrooms 6
Floor Space 0 sq.ft.
Lot Size 4410 sq.ft.
Style 2-Storey
Last Updated 2024-05-30
Property Type Multiplex
Listed Price $1,299,000
Unit Pricing $1,299,000/sq.ft.
Strata Fee $
Tax Estimate $8,404/Year
Interior Features
Rooms
More Details
Sold History
MAP & Nearby Facilities (The data is not provided by TRREB)
Map
Nearby Facilities
Public Transit ({{ nearByFacilities.transits? nearByFacilities.transits.length:0 }})
SuperMarket ({{ nearByFacilities.supermarkets? nearByFacilities.supermarkets.length:0 }})
Hospital ({{ nearByFacilities.hospitals? nearByFacilities.hospitals.length:0 }})
Other ({{ nearByFacilities.pois? nearByFacilities.pois.length:0 }})
Mortgage Calculator (The data is not provided by TRREB)
$
$
$
%
%
Estimated Payments

$

Weekly Bi Weekly Semi Monthly Monthly
School Catchments
School Name Type Grades Catchment Distance
{{ item.school_type }} {{ item.school_grades }} {{ item.is_catchment? 'In Catchment': '' }} {{ item.distance }}
Book an Appointment
500 word remaining