1402 Simcoe Street, Oshawa, ON

$849,000
MLS#:E11963633
5 beds
3 baths
2000-2500 sqft
5.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] triplex located in the coveted neighborhood of Lakeview. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $849,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 40.04 x 188.19 ft lot
  • Features a ["finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: None
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

Discover an exceptional investment opportunity with this triplex in the heart of Oshawa. Perfect for savvy investors looking to build their rental portfolio, this property offers multiple income streams under one roof. The building features five spacious bedrooms and three full bathrooms spread across three separate units, each thoughtfully designed for comfortable living.Currently generating steady rental income, this triplex presents a fantastic opportunity to expand your real estate holdings. The layout maximizes space efficiency, making it attractive to potential tenants while ensuring solid returns for property owners. Each unit comes with its own private entrance, providing tenants with the independence they desire.Located in a sought-after neighbourhood, tenants enjoy easy access to Durham College, Ontario Tech University, shopping centers, and major transportation routes. The building's solid structure and practical design make it an ideal choice for both seasoned investors and those just starting their real estate journey.Don't miss this chance to own a turn-key investment property that combines practical living spaces with strong income potential. This triplex offers the perfect blend of value and opportunity in Oshawa's growing real estate market. Schedule your viewing today!

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
3
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 24, 2025
Sold price information is available to members only
Listed Date2/7/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionStucco (Plaster)
Lot Size40.04 × 188.19 Feet
CountyDurham
Annual Tax$5,326.08
Legal DescriptionPT LT C18 SHEET 27 PL 335 OSHAWA AS IN D461574 CITY OF OSHAWA

Parking & Garage

Parking Spaces5.0
Garage Spaces3
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["Central Air"]

Features

Property Features

Community Features

Location

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1402 Simcoe Street, Oshawa, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1402 Simcoe Street S, Oshawa, ON L1H 4M4

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$679,200
Monthly Mortgage$3,946
Property Tax (Est.)$444
Utilities & Maint.$350
Total Monthly Cost$4,740

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Oshawa.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.