For Sale

1398 Simcoe Street, Oshawa, Ontario L1H 4M4

$749,000

1398 Simcoe Street, Oshawa, Ontario L1H 4M4 is For Sale and has a listing price of 749,000. The property is located in the Oshawa . It's been on the website for 7 Days.

  • Investment
    Property Type
  • 5
    Bedrooms
  • 1
    Bathrooms
  • MLS ID: E12518126
  • Office Name RIGHT AT HOME REALTY
Property Description

Legal 2+1 dwelling located in a desirable south Oshawa neighborhood, just minutes from the lakefront, parks, trails, and transit. Zoned R6, this fully tenanted property offers strong cash flow with excellent tenants already in place.Upper Unit: $1,400/monthMain Unit: $1,602/monthLower Unit: $1,950/monthEach unit features separate entrances, updated finishes, and functional layouts ideal for long-term tenancies. Ample 5 car parking and a spacious lot provide added convenience and future potential under R6 zoning.Perfect for investors seeking a turnkey property with steady income and growth potential in a thriving area of Oshawa .Close to lakefront, amenities, GO Transit, Hwy 401Excellent investment with consistent cash flow @ 6% Cap Rate

Property Details
  • Bedrooms: 5
  • MLS ID: E12518126
  • Bathrooms: 1
  • Price: $749,000
  • Lot Depth: 190
  • Transaction Types: For Sale
  • Ref ID: E12518126
  • Year Built: N/A
  • Dir / Cross St: Simcoe/Wentworth
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
11/06/2025 E12517864 $749,000 For Sale - -
11/06/2025 E12518126 $749,000 For Sale - -
08/25/2025 E12362510 $755,500 For Sale 11/06/2025 -
02/19/2025 E11978998 $758,888 For Sale 05/29/2025 -
09/23/2024 E9364460 $849,000 Withdrawn 02/18/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Oshawa
  • $1,053,718 Average List Price
    based on 1 year
  • 537 New Listings
    based on 30 days
  • 61 Median Days on Market
    based on 1 year
  • List vs. Selling Price 202.53 % Up
  • Sold (12mo) 1,064
  • Rented (12mo) 676

  • 1 Month Change +38.4%
  • 3 Month Change +0.6%
  • 6 Month Change -81.4%
Walkscore
Property Type Distribution
  • All Houses
    76.53%
  • Commercial
    6.26%
  • Condo
    17.1%
  • Land for Sale
    0.11%
Additional Details
  • Heat Type Radiant
  • Heat Source Gas
  • Washroom Type1: 1
  • Garage Type Y
  • Parking Spaces: 5
  • Kitchen 3
  • Taxes: $4,833
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: quick is preffered
  • Listing Entry Date: 06/11/2025 18:24:30
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