
381 Simcoe Street S
Oshawa (Central), ON L1H 4J2
- 8+2Bedrooms
- 6Bathrooms
- 6Parking
- —Sq Ft
- $8,404Tax
- 32×140 ftLot Size
- Free EstimateSee Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 381 Simcoe Street S, Oshawa, Central
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2024-05-30 | 2024-11-29 | Login to See Prices | Expired | e8388414 |
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About 381 Simcoe Street S, Oshawa, Central
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!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $8,404
- Land Transfer Tax Fee
- $22,455
- Basement Type
- Apartment
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Rolled
- Foundation Details
- Unknown
- Special Designation
- Other
Lot
- Lot Front
- 31.50 ft
- Lot Depth
- 140.00 ft
Inclusions
- Inclusions
- All chattels included.
Exclusions
- Exclusions
- Tenant's personal belongings
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 2
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Water
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 8 + 2
- Washrooms
- 6
- Kitchens
- 6
- Family / bonus room
- Yes
Washrooms
- 4-piece, Second
- 4-piece, Main
- 3-piece, Basement
- Municipality
- Oshawa
- Neighbourhood
- Central
- Main cross streets
- Olive Ave / Simcoe St S
- MLS® number
- E8388414
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2024-11-29
- Listed on
- 2024-05-30
- Days on market
- 183 days
- Possession type
- 30 days
- Co-op commission
- 2.5% + Hst With Thanks
- Seller
- Listed by
- BERKSHIRE HATHAWAY HOMESERVICES TORONTO REALTY
Home Market Value
Current home valuation for 381 Simcoe Street S, Oshawa, Central, Oshawa, ON. Listed for $1,299,000
HOMEH Estimate
—
Estimated Sales Range
—
HOMEH Estimate for 381 Simcoe Street S, Oshawa, Central
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $799,000 over $500K
$104,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $47,751 | $36,242 | $30,916 | $0 |
=Total mortgage | $1,241,532 | $1,205,342 | $1,135,066 | $1,039,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,062monthly | $5,885monthly | $5,542monthly | $5,074monthly |
Land Transfer Tax
$22,455
$22,455
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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