Re-listed 33 days ago

1398 Simcoe St, Oshawa, Ontario L1H 4M4

Other
-
1
~2800 sqft
$•••,•••
$749,000
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Other
-
1
~2800 sqft

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Highlights

Property Estimate

Days on market33 days

Total days on market
106 days

Estimated valueNot available

Price/Sqft$267/sqft

Monthly cost

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Description

Legal 2+1 dwelling located in a desirable south Oshawa neighborhood, just minutes from the lakefront, parks, trails, and transit. Zoned R6, this fully tenanted property offers strong cash flow with excellent tenants already in place.Upper Unit: $1,400/monthMain Unit: $1,602/monthLower Unit: $1,950/monthEach unit features separate entrances, updated finishes, and functional layouts ideal for long-term tenancies. Ample 5 car parking and a spacious lot provide added convenience and future potential under R6 zoning.Perfect for investors seeking a turnkey property with steady income and growth potential in a thriving area of Oshawa .Close to lakefront, amenities, GO Transit, Hwy 401Excellent investment with consistent cash flow @ 6% Cap Rate


Property Details

StyleApartment
View-
Age of property-
SqFt~2800 SqFt
Lot Size10,450 SqFt(190 x 55)
Parking Spaces5
MLS ®NumberE12518126
Community NameLakeview
Data SourceTRREB
Listing byRIGHT AT HOME REALTY

Features

Heating: Radiant
Cooling: N

Features

Lot size: 10,450 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property listed by RIGHT AT HOME REALTY, Brokerage
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Market Data - Lakeview

Geo Zone Map ThumbnailLakeview

Balanced Market

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Other - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

21 days

Compared to

2024

19 days

2023

19 days

2022

16 days

New Listings

Past 30 days

28 listings

Compared to

2024

36 listings

2023

24 listings

2022

27 listings

Units sold

Past 30 days

13 units

Compared to

2024

25 units

2023

18 units

2022

16 units

Median Sold Price

Past 30 days

$636,000

Compared to

2024

$635,000

2023

$677,250

2022

$669,000


Population and Demographics

Overview

Total population 15017
Average household income $87,728

Age (%)

0 to 19
24%
20 to 34
23%
35 to 49
19%
50 to 64
21%
65 and plus
13%

Household composition (%)

Single family
61%
Single person
30%
Multi person
8%
Multi family
1%

Mother tongue (%)

English
90%
Others
4%
French
2%
Tagalog (Pilipino, Filipino)
1%

House tenancy (%)

Owners
51%
Renters
49%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget