16040 Simcoe Street
Scugog (Port Perry), ON L9L 1S7
- 2+2Bedrooms
- 6Bathrooms
- 2Garage
- 1100–1500Sq Ft
- $7,684Tax
- 49×112 ftLot Size
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About 16040 Simcoe Street, Scugog, Port Perry
Summarized Description
- Turnkey investment opportunity with strong cash flow.
- Two self-contained units with modern finishes.
- Each unit features 2 bedrooms and private ensuites.
- Located in desirable waterfront community of Port Perry.
- Separate utility metering for operational efficiency.
- Strong income profile of $68,340 per year.
- Low-maintenance property with future appreciation potential.
Turnkey Investment Opportunity in Beautiful Port Perry - Not Subject to Rent Control! Purpose-built bungalow with legal accessory apartment generating strong, reliable income with A+ tenants in place. An exceptional opportunity for investors seeking immediate cash flow with future upside potential. Featuring two fully self-contained units, each thoughtfully designed with modern finishes and functional layouts. Both units offer 2 bedrooms with private ensuites, contemporary kitchens with quartz countertops, stainless steel appliances, and stylish finishes, along with separate entrances, private laundry, and individual garages. Built with investor efficiency in mind, the property includes separate utility metering, reducing operational complexity and maximizing returns. Additional highlights include 9' ceilings, luxury vinyl plank flooring, gas fireplace, modern lighting, and parking for up to 3 vehicles per unit. Strong income profile: $68,340/year. Located in the highly desirable waterfront community of Port Perry, just minutes to Lake Scugog, marina, shops, and amenities, ensuring continued tenant demand and long-term appreciation. A rare opportunity to acquire a low-maintenance, income-generating asset in one of Durham Region's most desirable waterfront communities.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $7,684
- Land Transfer Tax Fee
- $18,415
- Basement Type
- Apartment, Separate Entrance
Interior Features
- Interior Extras
- Accessory Apartment
- Fireplace/Stove
- Yes
- Fireplace Features
- Natural Gas
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Hospital, Public Transit
Building
- Building Type
- Detached
- Building Style
- Bungalow
- Approx Age
- 0-5
Construction
- Exterior Finish
- Stone, Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 49.23 ft
- Lot Depth
- 111.95 ft
Inclusions
- Inclusions
- 2 fridges, 2 stoves, 2 dishwashers, 2 washers, 2 dryers, all electric light fixtures
Exclusions
- Exclusions
- Tenants belongings
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 6
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Yes
- Telephone
- Yes
- Bedrooms
- 2 + 2
- Washrooms
- 6
- Kitchens
- 2
- Family / bonus room
- Yes
Room sizes
- Kitchen—Main level, Quartz Counter, Centre Island, Stainless Steel Appl
- Breakfast—Main level, W/O To Deck, Pot Lights, Overlooks Family
- Great Room—Main level, Coffered Ceiling(s), Gas Fireplace, Open Concept
- Primary Bedroom—Main level, 3 Pc Ensuite, Walk-In Closet(s), Vinyl Floor
- Bedroom 2—Main level, Double Closet, 4 Pc Ensuite, Vinyl Floor
- Laundry—Main level
- Great Room—Lower level, Open Concept, Pot Lights, Vinyl Floor
- Breakfast—Lower level, Open Concept, Above Grade Window, Vinyl Floor
- Kitchen—Lower level, Pot Lights, Centre Island, Vinyl Floor
- Primary Bedroom—Lower level, 3 Pc Ensuite, Double Closet, Vinyl Floor
- Bedroom 2—Lower level, 3 Pc Ensuite, Vinyl Floor, Double Closet
- Laundry—Lower level
Washrooms
- 2-piece, Main
- 3-piece, Main
- 4-piece, Main
- 3-piece, Lower
- 2-piece, Lower
- Municipality
- Scugog
- Neighbourhood
- Port Perry
- Main cross streets
- Simcoe St & Reach St
- Directions
- Simcoe north of Reach Street on West side
- MLS® number
- E13094866
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-08-31
- Listed on
- 2026-05-07
- Days on market
- 116 days
- Possession type
- Flexible
- Co-op commission
- 2.5% plus HST
- Seller
- Listed by
- ROYAL LEPAGE FRANK REAL ESTATE
Home Market Value
Current home valuation for 16040 Simcoe Street, Scugog, Port Perry, Scugog, ON. Listed for $1,097,000
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 16040 Simcoe Street, Scugog, Port Perry
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 $597,000 over $500K
$84,700
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $40,457 | $30,606 | $26,109 | $0 |
=Total mortgage | $1,051,891 | $1,017,906 | $958,559 | $877,600 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,136monthly | $4,970monthly | $4,680monthly | $4,285monthly |
Land Transfer Tax
$18,415
$18,415
Around this home
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