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$1,349,000
Available - For Sale
Listing ID: E8388414
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!
Extras:   Recent Repairs, Including A New Roof, Fence, And Railing. A New Stove, Refrigerator, And Ceiling In Apartment 6 Ensure That This Property IsIn Great Condition And Ready For New Ownership.
Price $1,349,000
Taxes: $8,404.33
Assessment Year: 2024
Address: 381 Simcoe St South , Oshawa, L1H 4J2, Ontario
Lot Size: 31.5 x 140 (Feet)
Directions/Cross Streets: Olive Ave / Simcoe St S
Rooms: 16
Rooms +: 6
Bedrooms: 8
Bedrooms +: 2
Washrooms: 6
Kitchens: 6
Family Room: Y
Basement: Apartment
No. of Pieces Level
Washroom 1:  4 2nd
Washroom 2:  4 Main
Washroom 3:  3 Bsmt
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Garage Type: Detached
(Parking/)Drive: Mutual
Drive Parking Spaces: 4
Pool: None
Fireplace/Stove: N
Heat Source: Gas
Heat Type: Water
Central Air Conditioning: None
Sewers: Sewers
Water: Municipal
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BERKSHIRE HATHAWAY HOMESERVICES TORONTO REALTY

381 Simcoe St South , Oshawa, L1H 4J2, Ontario

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MD Ashraful Bari
Broker
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647.406.6653
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905.201.9977
Fax:
905.201.9229

 
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At a Glance:
Type: Freehold - Multiplex
Area: Durham
Municipality: Oshawa
Neighbourhood: Central
Style: 2-Storey
Lot Size: 31.50 x 140.00(Feet)
Approximate Age:
Tax: $8,404.33
Maintenance Fee: $0
Beds: 8+2
Baths: 6
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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