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$2,137,000
Available - For Sale
Listing ID: E8310492
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.
Extras:   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.
Price $2,137,000
Taxes: $14,078.6
Tax Type: Annual
Occupancy by: Tenant
Address: 1418 Simcoe St South , Oshawa, L1H 4M4, Ontario
Postal Code: L1H 4M4
Province/State: Ontario
Legal Description: PL 335 Sheet 27 PT LT C18 RP 40R28231 PT
Lot Size: 71.36 x 132.47 (Feet)
Directions/Cross Streets: Simcoe St S & Ritson Rd
Zoning: R2/R6-B, OSP
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 196.8
Total Area Code:  Sq Metres
Approximatly Age: 6-15
Financial Statement: Y
Sprinklers: N
Heat Type: Gas Forced Air Open
Central Air Conditioning: Y
Elevator Lift: None
Sewers: San+Storm
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE FRANK REAL ESTATE

1418 Simcoe St South , Oshawa, L1H 4M4, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Durham
Municipality: Oshawa
Neighbourhood: Lakeview
Style:
Lot Size: 71.36 x 132.47(Feet)
Approximate Age: 6-15
Tax: $14,078.6
Maintenance Fee: $0
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