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1478 Simcoe Street, Samac

Price

$898,000

Bedrooms4 Beds

Bathrooms3 Baths

Size1500-2000 sqft

Year BuiltNot listed

Property TypeHouse

Property Taxes$5534

Maintenance FeesNot listed

Description

Calling all investors, developers, builders, and visionaries. Development opportunity in North Oshawa's highly sought-after Samac Community.* This property consists of income-generating detached home found on a large 50 x 250 parcel of land. Can be acquired along with the neighboring 1482 Simcoe St N, which is a large in town parcel that includes its own income-generating bungalow. Unbeatable location, minutes away from UOIT, grocery stores, schools, public transit, and more. Found in an area of intensification, new development, and growth. Includes Fridge, Stove, Dishwasher, Washer/Dryer, A/C, All ELF's.

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$3,688 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$718,400

Total Interest Payments

$442,938

Total Payment (Principal + Interest)

$1,161,338

Determine Your Profits After Selling Your Home

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Jess Whitehead

Meet Jess Whitehead

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

Let's Find Your Dream Home Together