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1418 Simcoe Street S Oshawa, Ontario L1H 4M4

2118.3376 sqft
Fully Air Conditioned Other

$1,997,000

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. (id:43697)

Business

BusinessType Residential
BusinessSubType Apartments

Property Details

MLS® Number E10905644
Property Type Multi-family
Community Name Lakeview
ParkingSpaceTotal 8

Building

Appliances Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
CoolingType Fully Air Conditioned
HeatingFuel Natural Gas
HeatingType Other
SizeInterior 2118.3376 Sqft
Type Multi-family
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 132 Ft ,5 In
SizeFrontage 71 Ft
SizeIrregular 71 X 132.47 Ft
SizeTotalText 71 X 132.47 Ft
ZoningDescription R2/r6-b, Osp

https://www.realtor.ca/real-estate/27683138/1418-simcoe-street-s-oshawa-lakeview-lakeview

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