1402 Simcoe St S

Oshawa | Lakeview | L1H 4M4
  • 4
  • 3
  • 0

$899,900

Est. Mtg $3,051 /mo
  • Days on market

    67

  • Status

    New

Listing Broker RIGHT AT HOME REALTY
Since listed: 0 views

Home details

MLS #:

E9363746

Property type:
Duplex
Style:
2-Storey
Taxes:
$5,100
Possession:
TBD
Lot Front:
41.0   Feet
Lot Depth:
187.0   Feet
Basement:
Apartment |
Driveway Pkg:
5
Heat:
Gas | Forced Air

Description


1402 Simcoe St S, , Oshawa, Ontario is a Duplex property in Oshawa and in the Lakeview community in the L1H 4M4 postal code


Discover a rare investment opportunity with this charming triplex ideally situated on Simcoe St South, just moments from the stunning lakefront and directly across from Broadbent Park. This property not only offers immediate rental income but also boasts significant development potential under the R6 zoning designation.Three well-maintained units, each with unique character and charm, providing consistent rental income.Steps away from Oshawa's beautiful lakefront, ideal for outdoor enthusiasts. Enjoy the proximity to Broadbent Park, perfect for families and community events. Close to public transportation, shopping, and schools, ensuring high tenant appeal and occupancy rates. The neighbouring property 1398 simcoe st s is also for sale zoning is R6. can be sold together or seperate. 80 Harbour Road (Nahid Harbour Condos) currently in development across the street from property..

Extras

separately metered apartments -tenants pay their own hydro. Detached Garage for owner storage or extra rent potential. Garden shed is rented by main floor tenant for $80/mth. all units have a washer/dryer..


History

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List Date End Date List Price End Price Status MLS #
2024-09 2024-10 $899,900 $899,900 New E9363746
2024-11 $899,900 $899,900 E10436692

Comparables

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sold Date Address List Price sold Price DOM
2022-12 601 Burton Rd, $839,000 $776,000 20
2021-09 18 Whiting Ave, $699,999 $705,000 21

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Oshawa :

Average sale price

$854,822

Properties sold

228

New Listings

507

Days on Market

11

Sale $ / List $

110%

Year on Year Growth

-2.96%



Estimated running costs for 1402 Simcoe St S

Based on available 3rd party data

$3611

Approximate costs per month

Mortgage
$3051 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$425 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RIGHT AT HOME REALTY
Data Source: TRREB

Payment calculator

$3476 monthly. In association with: TD Bank
%
  • Principal and Interest
    3051 /mo
  • Property Taxes
    $425 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mike Zamani, Realtor

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