1398 Simcoe Street S Oshawa, Ontario L1H 4M4
$774,500
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:47351)
Property Details
| MLS® Number | E12362510 |
| Property Type | Multi-family |
| Community Name | Lakeview |
| Parking Space Total | 5 |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 4 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 5 |
| Appliances | Dryer, Stove, Two Washers, Refrigerator |
| Basement Features | Apartment In Basement |
| Basement Type | N/a |
| Exterior Finish | Brick |
| Flooring Type | Tile, Vinyl, Hardwood |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 190 Ft |
| Size Frontage | 50 Ft |
| Size Irregular | 50 X 190 Ft |
| Size Total Text | 50 X 190 Ft |
| Zoning Description | R6 |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Lower Level | Kitchen | 2.7432 m | 3.6576 m | 2.7432 m x 3.6576 m |
| Lower Level | Living Room | 5.4864 m | 3.6576 m | 5.4864 m x 3.6576 m |
| Lower Level | Bedroom | 3.3528 m | 3.3528 m | 3.3528 m x 3.3528 m |
| Lower Level | Bedroom 2 | 3.3528 m | 3.048 m | 3.3528 m x 3.048 m |
| Main Level | Kitchen | 5.7912 m | 2.7432 m | 5.7912 m x 2.7432 m |
| Main Level | Living Room | 5.7912 m | 3.9624 m | 5.7912 m x 3.9624 m |
| Main Level | Primary Bedroom | 3.9624 m | 3.3528 m | 3.9624 m x 3.3528 m |
| Main Level | Bedroom 2 | 3.3528 m | 3.048 m | 3.3528 m x 3.048 m |
| Upper Level | Bedroom | 3.048 m | 3.048 m | 3.048 m x 3.048 m |
| Upper Level | Kitchen | 2.4384 m | 3.3528 m | 2.4384 m x 3.3528 m |
| Upper Level | Living Room | 3.3528 m | 3.048 m | 3.3528 m x 3.048 m |
https://www.realtor.ca/real-estate/28772733/1398-simcoe-street-s-oshawa-lakeview-lakeview
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August 25 2025 04:30:37
Central Lakes Association of REALTORS®
Right At Home Realty