$ 1.299.000

381 Simcoe Street S, Oshawa

  • Bedrooms: 10
  • Bathrooms: 6
  • Added: 178 days ago
  • Updated: 38 days ago
  • Last Checked: 15 hours ago
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!
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Property DetailsKey information about 381 Simcoe Street S

  • Heating: Hot water radiator heat, Natural gas
  • Stories: 2
  • Structure Type: Other
  • Exterior Features: Brick
  • Foundation Details: Unknown

Interior FeaturesDiscover the interior design and amenities

  • Basement: Apartment in basement, N/A
  • Bedrooms Total: 10

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 381 Simcoe Street S

  • Water Source: Municipal water
  • Parking Total: 6
  • Parking Features: Detached Garage
  • Lot Size Dimensions: 31.5 x 140 FT

Location & CommunityUnderstand the neighborhood and community

  • Directions: Olive Ave / Simcoe St S
  • Street Dir Suffix: South

Utilities & SystemsReview utilities and system installations

  • Sewer: Sanitary sewer

Tax & Legal InformationGet tax and legal details applicable to 381 Simcoe Street S

  • Tax Year: 2024
  • Tax Annual Amount: 8404.33
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Nearby Listings Stat

Active listings
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Min Price
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Max Price
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Avg Price
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Max Sold Price
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Avg Sold Price
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Days until Sold
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Type
Address
Distance
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1.0 km
Oshawa Public Library
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1.0 km
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The Robert McLaughlin Gallery
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1.0 km
Tim Hortons
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General Motors Centre
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Fazio's Restaurant & Wine Experience
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33 Simcoe St S
1.1 km
More Details?
KARL SARKADI
  • KARL SARKADI
  • BERKSHIRE HATHAWAY HOMESERVICES TORONTO REALTY
  • 416-504-6133
  • WebSite

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