$1,299,000

8 + 2 Bed, 6 Bath, 2-Storey home is located near Olive Ave / Simcoe St S in Central.

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!

381 Simcoe St S, Oshawa is a 8 + 2 bedroom, 6 bathroom residential 2-Storey multiplex home. 381 Simcoe St S, Oshawa is conveniently located in the Central neighbourhood of Oshawa Ontario. 381 Simcoe St S, Oshawa is an MLS®-Listed home with an asking price of $1,299,000. This residential property has been listed on ctfrealty.com for 1 days. Based on the Listing Price of 381 Simcoe St S, Oshawa, the estimated monthly mortgage payment would be $6,276. This Mortgage payment is calculated on a 5 year fixed mortgage with 25 year amortization and an interest rate of 5.39% with a down payment of 20%. The Annual property taxes for 381 Simcoe St S, Oshawa are approximately $8,404/year based on 2024 assessment.

This 2-Storey multiplex home located at 381 Simcoe St S, Oshawa features a Brick exterior. The lot size of this East facing property is 31.5 x 140 feet. The property has 4 parking spaces with 2 car Detached garage. The home has Gas fueled Water heating and has no air conditioning.