Property Description for 1398 SIMCOE STREET S
Investment Opportunity in Prime Oshawa Location Legal 2+1. This well-maintained building is the perfect addition to your investment portfolio or an ideal choice for first-time buyers looking to offset costs with rental income. The property features:Two spacious 2-bedroom units, One 1-bedroom b apartment With a 50 x 190 ft lot, this property offers amazing potential for future development while already generating solid rental income.Located just steps from the beautifully restored Oshawa waterfront, enjoy easy access to walking and biking trails, parks, beaches, fishing, and restaurants making this a highly desirable area for tenants and owners alike.This property has been operating as a 2+1 unit building for over 20 years, providing peace of mind for any investor.Recent Upgrades Include:Renovated basement apartment, New split boiler heating system (efficient + cost-effective),New exterior handrails, Large private backyard, Parking for up to 5 vehicles. Whether you're an investor seeking a reliable income-producing property or a buyer looking to live in one unit while renting the others, this is a rare opportunity you don't want to miss! (id:38686)
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Property Details
Property Tax
: $4,539MLS® #
: E12362510
Home Features
Property Type
: MultiFamily
Interior Features
Heating
: Radiant heat, Natural gasBasement
: Apartment in basement, N/AFlooring
: Tile, Hardwood, Vinyl
Utilities
Sewer
: Sanitary sewer
Other
Parking Features
: No GarageExterior Features
: Brick
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