| 1800 Simcoe Street N, Oshawa, Ontario
Offer Date: FIRST COME FIRST SERVE
Closing Date: September 8th 2023
** Realtors bring us a client and add your commission on top of the purchase price**
About the Property
Check out the cheapest available property in all of Oshawa! You heard that right. This studio condo unit consists of 0 beds, 1 bathroom and comes with a parking spot! The unit is approximately 333sqft meaning you are getting this property at $645/sqft!!! The property is in livable condition as it is a new build however, the front door would need to be replaced along with the front entrance flooring as there are some minor chips in the vinyl. The property will come vacant on closing allowing an investor to begin renting/fixing as soon as early September! The unit has a parking spot as well as a locker. This property would be perfect for a buyer looking for a cheap condo unit for a quick flip, or rental opportunity.
About the Neighbourhood
This property is located in Samac area of Oshawa, 5 minutes south of Highway 407. The area is a newer pocket in Oshawa, as nearby there are tons of developments and new builds. The condo building is steps away from Durham College and Ontario Tech University perfect for potential student rental (buyer to verify). Similar units in the building are being leased for $1500/month (not including a parking spot which should generate slightly more on top of the monthly rent) The property is extremely accessible transportation wise, as it is minutes from the GO Bus station, which connects to the Oshawa GO Train terminal. Routes extend east to Union Station, making the commute into the city extremely easy!
Property Details
- Condo unit
- Bachelor studio
- 1 bathroom
- 333 sqft above grade
- Built in 2019
- Condo fees approximately $250
- includes general maintenance, amenities and snow removal
- Appliances are included
- Breaker panel
- 1 parking spot included
- 1 locker included
- North exposure
- Property taxes are approximately $2028
Recommended Renovations
- The seller has the option to leave junk behind so we would recommend budgeting for junk removal
- Replace front door
- Replace some flooring near the entrance
- Fresh paint job if the buyer desires
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