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381 SIMCOE STREET S, Oshawa, Ontario, L1H 4J2

MLS® # E8388414
Investment For Sale In Central, Oshawa, Ontario
$1,299,000
381 Simcoe Street S, Oshawa, ON - Outdoor
381 Simcoe Street S, Oshawa, ON - Outdoor With Facade
381 Simcoe Street S, Oshawa, ON - Outdoor
381 Simcoe Street S, Oshawa, ON - Outdoor
381 Simcoe Street S, Oshawa, ON - Outdoor
381 Simcoe Street S, Oshawa, ON -
381 Simcoe Street S, Oshawa, ON - Outdoor With Exterior
381 Simcoe Street S, Oshawa, ON - Outdoor
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON -
381 Simcoe Street S, Oshawa, ON - Outdoor
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor
381 Simcoe Street S, Oshawa, ON - Outdoor
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON  - Outdoor
381 Simcoe Street S, Oshawa, ON  - Outdoor With Facade
381 Simcoe Street S, Oshawa, ON  - Outdoor
381 Simcoe Street S, Oshawa, ON  - Outdoor
381 Simcoe Street S, Oshawa, ON - Outdoor
381 Simcoe Street S, Oshawa, ON -
381 Simcoe Street S, Oshawa, ON - Outdoor With Exterior
381 Simcoe Street S, Oshawa, ON - Outdoor
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON -
381 Simcoe Street S, Oshawa, ON - Outdoor
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor
381 Simcoe Street S, Oshawa, ON - Outdoor
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor
381 Simcoe Street S, Oshawa, ON - Outdoor With View
381 Simcoe Street S, Oshawa, ON - Outdoor With View
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381 SIMCOE STREET S, Oshawa, Ontario, L1H 4J2
$1,299,000

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Type: N/A
  • Exterior Finish: Brick
  • Foundation Type: Unknown
  • Heating Type: Hot water radiator heat
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8+2
  • Bathrooms: 6
  • Irregular: Yes
  • Lot Depth: 140.0 Feet
  • Lot Frontage: 31.5 Feet
  • Lot Size: 31.5 x 140 FT
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage
  • No. of Parking Spaces: 6

Courtesy of: BERKSHIRE HATHAWAY HOMESERVICES TORONTO REALTY

REALTOR.ca  

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Location of 381 SIMCOE STREET S, Oshawa, Ontario, L1H 4J2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

34 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

34 hot days expected in 2050

52/100

Moderate

ClimateCheck®

Current data

This property, 381 SIMCOE STREET S , experiences 7 hot days per year at around 30 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 34 hot days at 33.6 degrees Celsius.

Projected Avg. Temperature

Past
30℃
2050
33.6℃

# Hot Days Per Year

Past
7
2050
34

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 381 SIMCOE STREET S , experiences 11 significant 2-day storms per year, with about 303mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 375mm of precipitation per year.

Precipitation Per Storm

Past
303mm
2050
375mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 381 SIMCOE STREET S, Oshawa, Ontario, L1H 4J2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$81,966.88

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.94 %

High school certificate or equivalent

35.69 %

Apprenticeship trade certificate/diploma

5.96 %

College/non-university certificate

22.42 %

University certificate (below bachelor)

0.33 %

University Degree

9.66 %

Commuter

Travel To Work

By Car

79.97 %

By Public Transit

6.53 %

By Walking

8.21 %

By Bicycle

0.0 %

By Other Methods

5.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

31.76 %

Houses

68.24 %

Own Vs. Rent