$849,000Asking Price
1402 Simcoe St S
Lakeview, Oshawa
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 four 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!
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 four 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!
See MoreKey Info
- 2-Storey Triplex
- 4+ Parking
- Detached Garage
- Simcoe St S and Wentworth
- Forced Air Gas Heating
- Central Air
Property
- Taxes were $5,326 in 2024
- Possession: 60-90 days
Details
- Stucco/Plaster Exterior
- No Fireplace
- 3 Kitchens
- MLS #E11963633
- ROYAL SERVICE REAL ESTATE INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 3 3-Piece Bathrooms on Lower | |||
How Far is Too Far?
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Who lives here?
Lakeview, Oshawa is an east GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. Residents tend to be younger with a significant number of babies, kids aged 5 to 9, youth aged 20 to 24 and adults aged 25 to 34, 25 to 34, 25 to 34 and 25 to 34.
Families
Kids Per Family
1.2
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
55%
of residents are
single and loving it.
55% singles
Oshawa (47%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
44%
of residents
are renters.
44% renters
Oshawa (32%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
9%
of residents are
university grads.
9% university grads
Oshawa (19%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$73K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 16% |
| Trades | 14% |
| Business | 8% |
| Government | 5% |
| Manufacturing | 5% |
Immigrants
11%
of residents were
born outside of Canada.
11% immigrants
Oshawa (18%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
1.8% from UK
All-time
Birthplace - Recent
0.3% from Jamaica
Recent
Foreign Languages
Foreign Languages
| French | 2% |
| Spanish | 1% |
| Portuguese | 1% |
| Polish | 1% |
Religions
Religions
| Christian | 63% |
| Buddhist | 1% |
| Muslim | 1% |
