Oshawa, Lakeview, L1H 4M4
$899,900
Listed by RIGHT AT HOME REALTY.
Discover a rare investment opportunity with this charming triplex ideally situated on Simcoe St South, just moments from the stunning lakefront and directly across from Broadbent Park. This property not only offers immediate rental income but also boasts significant development potential under the R6 zoning designation.Three well-maintained units, each with unique character and charm, providing consistent rental income.Steps away from Oshawa's beautiful lakefront, ideal for outdoor enthusiasts. Enjoy the proximity to Broadbent Park, perfect for families and community events. Close to public transportation, shopping, and schools, ensuring high tenant appeal and occupancy rates. The neighbouring property 1398 simcoe st s is also for sale zoning is R6. can be sold together or seperate. 80 Harbour Road (Nahid Harbour Condos) currently in development across the street from property.
separately metered apartments -tenants pay their own hydro. Detached Garage for owner storage or extra rent potential. Garden shed is rented by main floor tenant for $80/mth. all units have a washer/dryer.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.