4-Plex For Sale in Oshawa, ON

412 Simcoe St N

$1,390,000

Beautiful maintained home!

4-Plex For Sale in Oshawa, ON - 6 bed, 4 bath4-Plex For Sale in Oshawa, ON - 6 bed, 4 bath4-Plex For Sale in Oshawa, ON - 6 bed, 4 bath

This seller is willing to negotiate commission with any real estate agent who brings an acceptable offer from a qualified buyer.

  • Description
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Property Description

Lucrative investment opportunity with significant upside. Fantastic 4 unit property low maintenance property is located in O'neill, Oshawa. Can be purchased for OWNER-OCCUPIED with up to $3400 in rental income to assist with your mortgage OR held as an investment property.

This property features four spacious, with 2 updated residential units, each with its own unique layout. The units include three two bedroom units and one three-bedroom. This property is situated in a thriving and in-demand area, making it an attractive option for potential renters. Property us located amongst high end homes and backs onto the Alexander park. With easy access to public transportation, local shopping, and restaurants, tenants will enjoy the convenience of city living at its finest. Approved plans/drawings for a basement walkout with the potential to add a fifth unit.

FINANCIALS: Fully tenanted to A+++ tenants. Current Gross Income: 62k, plus approx. $900 in laundry income. Operating Expenses: Approx. 25k. Income before mortgage payments; $37,900 IF Owner Occupied: You can count on Approx. $3430 per mth in rental income towards your mortgage. Great Opportunity and amazing property. Serious inquiries only.

Map Location

Approximate Map Location*

412 Simcoe St N, Oshawa, Ontario, Canada   L1G 4T6

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* Each seller is responsible for ensuring that their map location is accurate. Please contact the seller directly if you have any questions.

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Seller Name:

Nigel Bell

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Nigel Bell

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Location - Click to Expand
The Basics
  • Property Type: 4-Plex
  • Ad Type: For Sale
  • Ownership: Freehold/Fee Simple
  • Listing ID: 986466
Price: $1,390,000
Main Features
6 Bedrooms
4 Bathrooms
4,500
Square Feet
Unspecified
Lot Size
2 Storeys
Unspecified
Year Built
$8,500
Annual Taxes
Bathroom Types - Click to Expand
Parking
Assigned Parking, Carport, Parking Pad