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$899,000
Available - For Sale
Listing ID: E12267808
Welcome to 865 Simcoe St S, Oshawa A Rare Legal Duplex with Bonus Studio & Commercial Potential! Located in one of the GTAs fastest-growing cities, this exceptional property in Oshawa is perfect for first-time home buyers, new Canadians, downsizers, or savvy investors looking for incredible house hacking or income opportunities. Fully renovated in 2022 and zoned for commercial potential, this legal duplex with bonus living space offers flexibility, functionality, and a high rental income potential up to $6,000/month! Property Highlights: Unit 1 | 2 Bedrooms | 1 Bathroom - Updated kitchen with quartz countertops, bright, airy layout with large windows, newer laminate flooring & walkout to a spacious private patio perfect for entertaining! Unit 2 | 1 Bedroom | 1 Bathroom - Modern kitchen with quartz counters and new appliances, private patio for relaxing or hosting guests & updated flooring throughout! Bonus Studio Apartment: Open-concept living with newer kitchen and appliances, Quartz countertop & flexible space ideal for short- or long-term rental. Extras: Shared laundry room, three separate hydro meters & two driveways with parking for 10+ vehicles! Prime Location: Centrally located near Highway 401 and Oshawa GO Station. Steps to shops, schools, parks & public transit. Close to Ontario Tech University, Durham College, and the Tribute Communities Centre. This one-of-a-kind property offers unbeatable value with live-in, rent-out, or commercial use options. Whether you're looking to generate passive income, live mortgage-free, or expand your real estate portfolio, 865 Simcoe St S is an opportunity you wont want to miss. Book your private showing today properties like this do not last long!!!
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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 $44,950 $89,900 $134,850 $179,800
First Mortgage $854,050 $809,100 $764,150 $719,200
CMHC/GE $23,486.38 $16,182 $13,372.63 $0
Total Financing $877,536.38 $825,282 $777,522.63 $719,200
Monthly P&I $3,758.42 $3,534.62 $3,330.07 $3,080.28
Expenses $0 $0 $0 $0
Total Payment $3,758.42 $3,534.62 $3,330.07 $3,080.28
Income Required $140,940.76 $132,548.21 $124,877.59 $115,510.42

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.
RIGHT AT HOME REALTY

865 Simcoe Stre South , Oshawa, L1H 4K8, Durham

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Duplex
Area: Durham
Municipality: Oshawa
Neighbourhood: Lakeview
Style: 2-Storey
Lot Size: x 112.21(Feet)
Approximate Age:
Tax: $4,696.11
Maintenance Fee: $0
Beds: 3
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229


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HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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