381 Simcoe
Central | Oshawa
$1,299,000.00
Listed 4 months ago
- 8 bed
- 6 bath
- - sqft
- 6.0 parking
- Multiplex
Instant Estimate
$1,339,342
+$40,342 compared to list price
Upper range
$1,530,627
Mid range
$1,339,342
Lower range
$1,148,057
Property history
- May 30, 2024
- 4 months ago
Price Change
Listed for $1,299,000.00 • 3 months on market
- Nov 19, 2023
- 11 months ago
Terminated
Listed for $1,375,000.00 • 6 months on market
- May 15, 2023
- 1 year ago
Expired
Listed for $1,395,000.00 • 6 months on market
Location & area
Schools nearby
Home Details
- 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!
- Additional media
- https://www.winsold.com/tour/227590
- Property taxes
- $8,404.33 per year / $700.36 per month
- Basement
- Apartment
- Year build
- -
- Type
- Multiplex
- Bedrooms
- 8 + 2
- Bathrooms
- 6
- Parking spots
- 6.0 Total | 2.0 Garage
- Floor
- -
- Balcony
- -
- Pool
- None
- External material
- Brick
- Roof type
- -
- Lot frontage
- -
- Lot depth
- -
- Heating
- Water
- Fire place(s)
- N
Listing Brokerage
- MLS® Listing
- E8388414
- Brokerage
- BERKSHIRE HATHAWAY HOMESERVICES TORONTO REALTY
Similar homes for sale
These homes have similar price range, details and proximity to 381 Simcoe