About 1418 Simcoe St S
Calling All Investors!! A fantastic investment opportunity. Prime Location, Low Vacancy and Amazing Cash Flow Potential. Welcome to an exceptional investment opportunity nestled in a vibrant community! A remarkable three-storey building featuring six generously sized 2-bedroom, 1-bathroom suites. Each suite boasts approx. 900square feet of modern living space. With an open concept layout, ensuite washer/dryer, and stainless steel appliances, these residences epitomize urban living at its finest. Separately Metered. Tenants Pay Their Own Heat & Hydro. Each suite has A/C. Double Entrance to Suite from South or North Staircase. Landlord Pays for Water & Property Maintenance. Above Ground Parking.
Features of 1418 Simcoe St S
| MLS® # | E8310492 |
|---|---|
| Price | $2,137,000 |
| Bathrooms | 0.00 |
| Type | Commercial |
| Sub-Type | Investment |
| Status | A |
Community Information
| Address | 1418 Simcoe St S |
|---|---|
| Area | Durham |
| Subdivision | Lakeview |
| City | Oshawa |
| Province | Ontario |
| Postal Code | L1H 4M4 |
Amenities
| Utilities | Y |
|---|---|
| Features | Walking distance to Lakeview Park, Walking Trails, Ed Broadbent Waterfront Park, and Oshawa Harbour, for an array of recreational activities and scenic waterfront views. Property/Units are Tenanted and Must Be Assumed. |
| Parking Spaces | 8 |
| Garages | None |
Interior
| Heating | Gas Forced Air Open |
|---|---|
| Has Basement | No |
Exterior
| Lot Description | 71.36x132.47 Feet |
|---|
Additional Information
| Zoning | R2/R6-B, OSP |
|---|---|
| Taxes | $14,078.60 |
| Approximate Age (Years) | 6-15 |
| Maintenance Fee | $0.00 |
| Directions/Intersection | Simcoe St S & Ritson Rd |
| Has Elevator | No |
| Days On Website | 11 |
Listing Details
| Office | ROYAL LEPAGE FRANK REAL ESTATE |
|---|