1418 Simcoe Street South, Oshawa | Image 1

1418 Simcoe Street South

Oshawa, Lakeview

  • Commercial

$1,997,000
For Sale

Added 3 weeks ago

Sign in or Register • To view all data & photos, an account is required by the Toronto Real Estate Board.

  • Type: Investment

  • Property Type: Commercial

  • Business Type: Apts-6 To 12 Units

  • Zoning: R2/R6-B, OSP

  • Age: 6-15 years

  • Taxes: 14646.72

  • MLS®#: E12004791

  • Days on Site: 1 Days

  • Added: Mar 05, 2025 (3 weeks ago)

  • Updated:

  • Last Checked: 1 week ago

  • Listed By: ROYAL LEPAGE FRANK REAL ESTATE

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. Assumable Mortgage at an Unbelievable rate of 2.76%! Act now and seize the potential for lucrative returns!

Property

  • Status: Sale

  • Type: Apts-6 To 12 Units

  • Property Type: Investment

  • Property Type: Apartment

  • Age: 6-15

  • Area: Oshawa

  • Community: Lakeview

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Basement: N

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 8

Fees

  • Tax Year: 2024

  • Tax Legal Description: PL 335 Sheet 27 PT LT C18 C23 RP 40R28231 PTS 3T05

  • Taxes: $14,647

  • Taxes Type: Annual

Land

  • Cross Street: Simcoe St S & Ritson

  • Municipality District: Oshawa

  • Sewer: San+Storm

  • Lot Depth: 132.47 Feet

  • Lot Frontage: 71 Feet

  • Zoning: R2/R6-B, OSP

Commercial Specific

  • Sprinklers: N

  • Total Area: 196.8

  • Total Area Metric: Sq Metres

  • Lot Code: Lot

  • Building Percent: 21

  • Financial Statement: Y

Map of 1418 Simcoe Street South, Oshawa
7-8

Monsignor John Pereyma Elementary Catholic School

Elementary: Catholic
1.63 km
JK-8

Monsignor Philip Coffey Catholic School

Elementary: Catholic
1.77 km
JK-8

Bobby Orr Public School

Elementary: Public
0.83 km
JK-8

Lakewoods Public School

Elementary: Public
1.03 km
JK-8

Glen Street Public School

Elementary: Public
1.78 km
JK-8

Dr C F Cannon Public School

Elementary: Public
1.36 km
9-12

DCE - Under 21 Collegiate Institute and Vocational School

Secondary: Public
3.83 km
9-12

Durham Alternative Secondary School

Secondary: Public
4.51 km
9-12

G L Roberts Collegiate and Vocational Institute

Secondary: Public
1.29 km
9-12

Monsignor John Pereyma Catholic Secondary School

Secondary: Catholic
1.61 km
9-12

Eastdale Collegiate and Vocational Institute

Secondary: Public
4.91 km
9-12

O'Neill Collegiate and Vocational Institute

Secondary: Public
4.99 km
374 Farewell Street, Oshawa | MLS: E5479888
For Sale
3 years ago
$1,999,000
  • 0 bath
  • 0 bed

374 Farewell Street, Oshawa, Ontario • L1H 6M2 • Donevan

364 Simcoe Street South, Oshawa | MLS: E8187146
For Sale
11 months ago
$1,999,000
  • 0 bath
  • 0 bed

364 Simcoe Street South, Oshawa, Ontario • L1H 4J3 • Central

771-795 Park Road South, Oshawa | MLS: E9010527
For Sale
8 months ago
$2,300,888
  • 0 bath
  • 0 bed

771-795 Park Road South, Oshawa, Ontario • L1J 4J9 • Lakeview

176/180 Nassau Street, Oshawa | MLS: E11968118
For Sale
1 month ago
$2,250,000
  • 0 bath
  • 0 bed

176/180 Nassau Street, Oshawa, Ontario • L1J 4A5 • Vanier