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Last Updated : 17 Days ago
381 Simcoe St S, Oshawa, Ontario, Central
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381 Simcoe St S, Oshawa MLS Number: E8388414

Central, Oshawa, Durham, ON, L1H 4J2

$1,299,000

Price drop by $50,000

Status: For Sale

  • 8+2 Beds
  • 6 Baths
  • Property Type: Residential (Multiplex)
  • Property Taxes : $8404.33 (Tax Year:2024)
  • Listing Courtesy : Berkshire Hathaway Homeservices Toronto Realty

381 Simcoe St S Property Description

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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381 Simcoe St S Property Facts

Property Type :Residential
MLS Number :E8388414
Listing Type :Sale
Possession Date :
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Last Updated :31 Oct, 2024 (17 Days ago)
Source :TRREB
Area :Durham
Community : Central
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Postal Code : L1H 4J2
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381 Simcoe St S Property Price & Tax Insights

Price : $1,299,000
Property Taxes :$8404.33
Tax Year :2024

381 Simcoe St S, Oshawa Property Details

Bedrooms :8 + 2
No. of Rooms :16
Air Conditioning :None
Heating :Water
Place of Worship :No
Cross Street :Olive Ave / Simcoe St S
Bathrooms :6
Fuel :Gas
Fireplace/Stove :Yes
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Exterior Information

Exterior Finish :Brick
Parking Space :6
Basement :Apartment
Garage :Detached

381 Simcoe St S, Oshawa - Price History

2024-07

19 Jul, 2024

TREB #E8388414

Price Change, Available

$1299000.0

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  • 0
  • 400k
  • 800k
  • 1.2M
  • 1.6M
  • 2M+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+
  • 0
  • 6
  • 12
  • 18
  • 24
  • 30+

381 Simcoe St S - Location Map and Landmarks

  • Lakeridge Health Oshawa, Durham 2.16 km
  • Lakeridge Health Ajax and Pickering, Durham 13.9 km
  • Lakeridge Health Bowmanville, Durham 14.61 km
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$689000.0
  • 2 Ba
  • 2500-3000 sq-ft
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  • 2500-3000 sq-ft
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FAQs: 381 Simcoe St S, Oshawa

  • Q: Does this Project 381 Simcoe St S available for Sale ?

    A: The project 381 Simcoe St S is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 381 Simcoe St S is Offering?

    A:Square Yards is giving a Cashback of $6,495 if you buy this property from us, however there are several key features offered by the 381 Simcoe St S. You get 8+2 Beds with 6 Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Parking Space available in this 381 Simcoe St S?

    A: 381 Simcoe St S in Durham offers a total of 6 parking spaces for residents.
  • Q:How many Beds & Baths available in 381 Simcoe St S, Durham?

    A: 381 Simcoe St S, Durham comes with 8+2 Beds for maximum convenience and space. There are 6 baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Durham, On?

    A:Durham, Ontario is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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