$1,997,000
Available - For Sale
Listing ID: E10905644
1418 Simcoe St South , Oshawa, L1H 4M4, Ontario
| Calling All Investors!! A fantastic investment opportunity. Prime Location, Low Vacancy and Amazing Cash Flow Potential. Welcome to an exceptional investment opportunity nestled in a vibrant community! A remarkable three-storey building featuring six generously sized 2-bedroom, 1-bathroom suites. Each suite boasts approx. 900 square feet of modern living space. With an open concept layout, ensuite washer/dryer, and stainless steel appliances, these residences epitomize urban living at its finest. Separately Metered. Tenants Pay Their Own Heat & Hydro. Each suite has A/C. Double Entrance to Suite from South or North Staircase. Landlord Pays for Water & Property Maintenance. Above Ground Parking. Assumable Mortgage at an Unbelievable rate of 2.76%! Act now and seize the potential for lucrative returns! |
| Extras: Walking distance to Lakeview Park, Walking Trails, Ed Broadbent Waterfront Park, and Oshawa Harbour, for an array of recreational activities and scenic waterfront views. Property/Units are Tenanted and Must Be Assumed. |
| Price | $1,997,000 |
| Taxes: | $14078.60 |
| Tax Type: | Annual |
| Assessment Year: | 2023 |
| Occupancy by: | Tenant |
| Address: | 1418 Simcoe St South , Oshawa, L1H 4M4, Ontario |
| Postal Code: | L1H 4M4 |
| Province/State: | Ontario |
| Legal Description: | PL 335 Sheet 27 PT LT C18 C23 RP 40R2823 |
| Lot Size: | 71.00 x 132.47 (Feet) |
| Directions/Cross Streets: | Simcoe St S & Ritson Rd |
| Category: | Apartment |
| Use: | Apts-6 To 12 Units |
| Building Percentage: | Y |
| Total Area: | 196.80 |
| Total Area Code: | Sq Metres |
| Approximatly Age: | 6-15 |
| Financial Statement: | Y |
| Sprinklers: | N |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Elevator Lift: | None |
| Sewers: | San+Storm |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| ROYAL LEPAGE FRANK REAL ESTATE |
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At a Glance:
| Type: | Com - Investment |
| Area: | Durham |
| Municipality: | Oshawa |
| Neighbourhood: | Lakeview |
| Lot Size: | 71.00 x 132.47(Feet) |
| Approximate Age: | 6-15 |
| Tax: | $14,078.6 |
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