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. 900square 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!
Address
1418 Simcoe Street S
List Price
$1,997,000
Property Type
Commercial
Type of Dwelling
Investment
Area
Oshawa
Sub-Area
Lakeview
County
Durham
Lot Depth
132.47
Lot Type
Lot
Lot Size Units
Feet
Lot Width
71
Approx. Age
6 - 15 Years
MLS® Number
E12004791
Listing Brokerage
ROYAL LEPAGE FRANK REAL ESTATE
Postal Code
L1H 4M4
Tax Amount
$14,646.72
Tax Year
2024
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
None
Security Features
No
Sewer
Sanitary+Storm