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Hamilton

Burlington

Niagara


LOADING

191 Simcoe Street S Oshawa, Ontario L1H 4H2

5 Bedroom 3 Bathroom 5478 sqft

$729,000

Legal triplex with commercial zoning and a 6.8% cap rate, offering multiple value-add opportunities, including the potential to add a garden suite on the existing detached garage and spacious parking lot (accommodates 9+ vehicles). Each of the 3 self-contained units features separate hydro meters and individual heating controls, with shared laundry facilities located in the basement. The upper and lower units are currently tenanted and generating strong rental income, while the main floor will be delivered vacant as of May 1st, ideal for owner-occupiers or new tenants. Recent improvements include updated front entry railings, a new staircase banister for the upper unit, and a fully renovated basement apartment. Centrally located in Oshawa, the property offers easy access to Highway 401, Durham College, Oshawa GO Station, and is just a short walk to local shops, schools, and parks. (id:52581)

Property Details

MLS® Number 40721360
Property Type Multi-family
Amenities Near By Park, Place Of Worship, Public Transit, Shopping
Parking Space Total 10

Building

Bathroom Total 3
Bedrooms Total 5
Basement Development Finished
Basement Type Full (finished)
Exterior Finish Brick
Foundation Type Block
Heating Fuel Natural Gas
Stories Total 3
Size Interior 5478 Sqft
Type Triplex
Utility Water Municipal Water

Parking

Detached Garage

Land

Acreage No
Land Amenities Park, Place Of Worship, Public Transit, Shopping
Sewer Municipal Sewage System
Size Depth 132 Ft
Size Frontage 42 Ft
Size Total Text Under 1/2 Acre
Zoning Description Psc-a

https://www.realtor.ca/real-estate/28212716/191-simcoe-street-s-oshawa

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