816 SIMCOE Street, Oshawa, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Centennial. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $844,900 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 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 50.04 x 239.98 ft lot
- Features a apartment, separate entrance, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 11.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor, Solar Owned
- equipped with wall unit(s) central cooling and highly efficient baseboard heating via electric
Description
Welcome to a rare opportunity to own a Certified Two-Unit Dwelling that seamlessly combines exceptional lifestyle, multi-generational living, and outstanding income potential. Whether you're looking to accommodate extended family, offset mortgage costs with rental income, or expand your investment portfolio, this versatile property offers endless possibilities. Designed with flexibility in mind, the home features two selfcontained living spaces, making it ideal for multi-generational families seeking both togetherness and privacy. Parents, adult children, in-laws, or tenants can enjoy independent living arrangements under one roof while benefiting from shared outdoor amenities and generous space. Outside, you'll discover a true backyard retreat. The resort-inspired setting includes a sparkling in-ground pool, covered deck for year-round entertaining, change room, workshop, and an expansive yard with potential for future enhancements such as a garden suite (buyer to verify). Whether hosting family gatherings or enjoying peaceful evenings at home, this outdoor oasis delivers the perfect balance of recreation and relaxation. Adding even more value, the property features an income-generating solar panel system that helps offset operating costs while supporting a sustainable lifestyle. With parking for up to 11 vehicles, there is ample space for multiple families, guests, tenants, or home-based business needs .Properties offering a Two-Unit Dwelling Certificate are increasingly sought after for their flexibility, legal status, and long-term financial advantages. Live comfortably in one unit while generating rental income from the other, accommodate multiple generations with ease, or maximize the property's investment potential.
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Key Features
Additional Details
Property Details
Parking & Garage
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Features
Property Features
Electric Car Charger, Arts Centre, Hospital, Public Transit
Interior Features
Primary Bedroom - Main Floor, Solar Owned
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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 816 N SIMCOE Street N, Oshawa, ON L1G 4V8
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Oshawa, ON
For a property listed at $844,900 in Oshawa, the legal minimum down payment is $59,490 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $13,373 for this transaction. As this listing is in Oshawa (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $13,373.
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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.