1418 Simcoe Street, Oshawa, ON L1H 4M4 (Simcoe St S & Ritson Rd)

Price : $1,825,000.00 , MLS®# : E12119490

Description

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! Walking distance to Lakeview Park, Walking Trails, Ed Broadbent Waterfront Park, and Oshawa Harbour, for an array of recreational activities and scenic waterfront views. Property/Units are Tenanted and Must Be Assumed.

Location Description

Simcoe St S & Ritson Rd

Property Details
  • Community: Lakeview
  • Property Type: Tenant/Commercial
  • Garages: None
  • Annual Property Taxes : $ 14646.72
Building Features
  • Parking Type : None
Building Features
  • Heating : Gas Forced Air Open
  • Sewer : Sanitary+Storm ,
Land (Lot Features)
  • Frontage: 71 sq.ft
  • Land Depth: 132.47sq.ft

Listing Contracted With: ROYAL LEPAGE FRANK REAL ESTATE