1398 Simcoe Street
Oshawa, ON L1H 4M4
NewActiveFor Sale
5 Beds
1 Baths
9,500 Lot Sq Ft
Commercial
About This Property
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 Details
StatusActive
Property TypeCommercial
Listing TypeFor Sale
Lot Size9,500 sq ft
Bedrooms5
Bathrooms1
ListedJanuary 31, 2026
Postal CodeL1H 4M4
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® E12518126
Listed by RIGHT AT HOME REALTY
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$3,657
/month · $599,200 mortgage
Down Payment20% — $149,800
Interest Rate5.5%
Amortization
Total Interest
$498,040
Total Cost
$1,097,240
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
RIGHT AT HOME REALTY