Legal triplex with commercial zoning and a 6.8% cap rate, offering multiple value-addopportunities, including the potential to add a garden suite on the existing detached garageand spacious parking lot (accommodates 9+ vehicles). Each of the 3 self-contained unitsfeatures separate hydro meters and individual heating controls, with shared laundry facilitieslocated in the basement. The upper and lower units are currently tenanted and generating strongrental income, while the main floor will be delivered vacant as of May 1st, ideal forowner-occupiers or new tenants. Recent improvements include updated front entry railings, a newstaircase banister for the upper unit, and a fully renovated basement apartment. Centrallylocated in Oshawa, the property offers easy access to Highway 401, Durham College, Oshawa GOStation, and is just a short walk to local shops, schools, and parks. (id:4069)
Address
191 SIMCOE STREET S
List Price
$729,000
Property Type
Multi-family
Type of Dwelling
Triplex
Area
Ontario
Sub-Area
Oshawa (central)
Bedrooms
5
Bathrooms
3
Floor Area
2,147,483,647 Sq. Ft.
Lot Size
41.5 x 132 FT Sq. Ft.
MLS® Number
E12104296
Listing Brokerage
ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES
Basement Area
N/A (Finished)
Postal Code
L1H4H2
