1100 SIMCOE STREET S, Oshawa (Lakeview)

$750,000

For sale: Multiplex

Property type
Duplex
Bedrooms / bathrooms
9 bedrooms, 3 bathrooms
Living area
2,000 sqft
MLS®
MLS® E13260322
Neighbourhood
Lakeview
Multiplex at 1100 SIMCOE STREET S, Oshawa (Lakeview)

LEGAL DUPLEX with Basement Apartment.. Fully rented income property featuring three spacious 3-bedroom units, each with a 3-piece bathroom. Current gross annual income of $75,600, including coin laundry revenue. Rental income: Main Floor $1,700/month, Second Floor $2,300/month, Basement $1,950/month. Low operating expenses with annual property taxes of $5,214. Conveniently located close to Highway 401, public transit, schools, shopping, and other amenities. Excellent opportunity for investors seeking strong cash flow and long-term appreciation.

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