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$729,000
Status: For Sale
Legal 2+1 dwelling located in a desirable south Oshawa neighborhood, just minutes from the lakefront, parks, trails, and transit. Zoned R6, this fully tenanted property offers strong cash flow with excellent tenants already in place.Upper Unit: $1,400/monthMain Unit: $1,602/monthLower Unit: $1,950/monthEach unit features separate entrances, updated finishes, and functional layouts ideal for long-term tenancies. Ample 5 car parking and a spacious lot provide added convenience and future potential under R6 zoning.Perfect for investors seeking a turnkey property with steady income and growth potential in a thriving area of Oshawa .Close to lakefront, amenities, GO Transit, Hwy 401Excellent investment with consistent cash flow @ 6% Cap Rate
| Property Type | :Commercial |
|---|---|
| MLS Number | :E12518126 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :06 Feb, 2026 (15 Hours ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Durham |
|---|---|
| Postal Code | :
L1H 4M4
|
| Price | : $729,000 |
|---|---|
| Property Taxes | :$4833.0 |
| Tax Year | :2024 |
|---|
| Air Conditioning | :No |
|---|---|
| Heating | :Radiant |
| Cross Street | :Simcoe/Wentworth |
| Bathrooms | :1 |
|---|---|
| Fuel | :Gas |
| Fireplace/Stove | :No |
| Virtual Tour | :Virtual Tour (External Link) |
06 Feb, 2026
TREB #E12517864
Price Change
$729000.0
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$729,000
1398 Simcoe Street S, Durham, ON
Listing ID #E12518126
Price drop by $20,000
Price drop by $20,000