1398 Simcoe Street S, Oshawa (lakeview), Ontario

$774,500

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5

Beds

3

Baths

About 1398 Simcoe Street S

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! (id:6289)

Features of 1398 Simcoe Street S

Listing # E12362510
Price $774,500
Bedrooms 5
Bathrooms 3.00
Acres 0.00
Type Multi-family

Community Information

Address 1398 Simcoe Street S
Subdivision Lakeview
City Oshawa (lakeview)
Province Ontario
Postal Code L1H4M4

Amenities

Parking Spaces 5
Parking No Garage
Is Waterfront No
Has Pool No

Interior

Appliances Dryer, Stove, Two Washers, Refrigerator
Heating Natural gas Radiant heat
Fireplace No
# of Stories 2
Has Basement No
Basement Apartment in basement

Exterior

Exterior Brick
Lot Description 50 x 190 FT
Foundation Block

Listing Details

OfficeRIGHT AT HOME REALTY

Listing Map

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Listing information last updated on October 12th, 2025 at 7:46am PDT.