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Investment Opportunity in Prime Oshawa Location Legal 2+1. This well-maintained building is the perfect addition to your investment portfolio or an ideal choice for first-time buyers looking to offset costs with rental income. The property features:Two spacious 2-bedroom units, One 1-bedroom b apartment With a 50 x 190 ft lot, this property offers amazing potential for future development while already generating solid rental income.Located just steps from the beautifully restored Oshawa waterfront, enjoy easy access to walking and biking trails, parks, beaches, fishing, and restaurants making this a highly desirable area for tenants and owners alike.This property has been operating as a 2+1 unit building for over 20 years, providing peace of mind for any investor.Recent Upgrades Include:Renovated basement apartment, New split boiler heating system (efficient + cost-effective),New exterior handrails, Large private backyard, Parking for up to 5 vehicles. Whether you're an investor seeking a reliable income-producing property or a buyer looking to live in one unit while renting the others, this is a rare opportunity you don't want to miss!
3 stoves, 3 fridges, 2 washers, 2 dryers
City: Oshawa
Neighborhood: Lakeview
Purchase Price | $774500 |
Down Payment | $154900 |
Mortgage Insurance | $0 |
Total Mortgage | $619600 |
Mortgage Payment | $3818 |
Property Taxes | $378 |
Maintenance Fees | $0 |
Monthly Payment | $4196 |
Located at 1398 Simcoe St S , this Oshawa house is available for sale. This property was listed for $774,500 on Mon Aug 25 2025. This house's size is 1100-1500 Sqft. It has 4 bedrooms and 3 bathrooms. The property includes the following rooms: Kitchen, Living, Primary, 2nd Br, Kitchen, Living, Br, 2nd Br, Kitchen, Living, Br. This property comes with 5 parking spots. 1398 Simcoe St S, Oshawa is situated in the Lakeview neighbourhood.
MLS#: E12362510 · $774,500 · 4 bedroom house in Lakeview, Oshawa