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738 Simcoe Street, Centennial

Price

$849,000

Bedrooms3 Beds

Bathrooms3 Baths

Size1500-2000 sqft

Year Built51-99

Property TypeHouse

Property Taxes$6311.33

Maintenance FeesNot listed

Explore A Virtual Tour

Description

Don't miss this incredible opportunity to own this turn key property with rental income potential! Perfectly situated in a family-friendly neighbourhood, this well-maintained home features three spacious bedroom plus a full legal 2-bedroom apartment, registered with the city as a two-unit dwelling, ideal for investors, multi-generational families, or homeowners looking to offset mortgage costs. Located just steps from top-rated school, pubic transit at your doorstep, pars and all essential amenities, this home offers unmatched convenience with easy access to Highway 401 and 407. The bright and functional layout includes separate entrances, private laundry for each unit, separate hydro meters, and ample parking for over ten vehicles. Located steps from Lakeridge Health Oshawa and midway between the bustling downtown core and the campus of Ontario Tech University / Durham College, this extra deep lot comes with so much potential! The rear section of the property has been maximized with two additional structures that can be used for vehicle parking or for extra storage. Upgrades includes new electrical and plumbing throughout(2015), upgraded insultation (2015), furnace (2016), A/C (2020), new roof (2016), and new windows, skylights and front door (2015). Whether you're looking to live in one unit and rent the other or add a high-performing asset to your portfolio, this property is ready to deliver.

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The Property Location

Mortgage Calculator

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Total Monthly Payment

$3,576 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$679,200

Total Interest Payments

$418,769

Total Payment (Principal + Interest)

$1,097,969

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