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$ 1,997,000
Est. payment /mo
Active
1418 Simcoe ST S Oshawa, ON L1H 4M4
196 SqFt
UPDATED:
01/20/2025 03:46 PM
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 196 sqft
Price per Sqft $10,188
Subdivision Lakeview
MLS Listing ID E10905644
Annual Tax Amount $14,078
Tax Year 2023
Property Description
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!
Location
State ON
County Durham
Community Lakeview
Area Durham
Zoning R2/R6-B, OSP
Interior
Cooling Yes
Inclusions Refrigerator, Stove, Washer/Dryer, Dishwasher, Lighting Fixtures, Window Coverings.
Exterior
Utilities Available Yes
Lot Frontage 71.0
Lot Depth 132.47
Others
Security Features No
Listed by ROYAL LEPAGE FRANK REAL ESTATE