16040 Simcoe Street, Scugog, ON

$1,097,000
MLS#:E13094866
4 beds
6 baths
1100-1500 sqft
6.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Port Perry. Expertly crafted featuring premium stone and brick construction, this residence presents an exceptional opportunity offered at $1,097,000 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.

  • 4 Bedrooms and 6 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 49.23 x 111.95 ft lot
  • Features a ["apartment", "separate entrance"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Accessory Apartment
  • equipped with ["central air"] central cooling and highly efficient forced air heating via gas

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.

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Key Features

Bedrooms
4
Bathrooms
6
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionStone, Brick
Lot Size49.23 × 111.95 Feet
CountyDurham
Annual Tax$7,561
Legal DescriptionPt Lt 18 Con 7 Reach Being Pt 4 40R288866 Township*

Parking & Garage

Parking Spaces6.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

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

Features

Property Features

Hospital, Public Transit

Community Features

Location

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16040 Simcoe Street, Scugog, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 16040 Simcoe Street, Scugog, ON L9L 1S7

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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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.
Financial Audit

Estimated Costs

Loan Amount$877,600
Monthly Mortgage$5,099
Property Tax (Est.)$630
Utilities & Maint.$350
Total Monthly Cost$6,079

Strategic Fiscal Clarity

Informed buyers do not make decisions based on list price alone. This analysis ensures your transition to a superior residence is supported by absolute fiscal certainty.

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No current listings found in Scugog.