816 SIMCOE Street, Oshawa

Price: $799,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: E13241770

**Charming Two Unit Dwelling, with Resort-Style Living and In-Ground Pool** Welcome to your dream home, where lifestyle meets investment potential! This stunning two unit dwelling is perfect for multi-generational living or an excellent opportunity to generate income. Nestled in a peaceful neighborhood, this property boasts a resort-style backyard designed for relaxation and entertainment. Step outside to discover a covered deck that invites you to unwind in style, whether hosting gatherings or enjoying quiet evenings under the stars. The expansive backyard features a sparkling in-ground pool, perfect for summer fun, along with a changing room and a workshop, adding practicality to your outdoor oasis. Imagine cultivating your own garden suite or creating a personal retreat in this generous outdoor space. This property is not just about comfort, it's also eco-friendly! An income-generating solar panel system helps offset energy costs while contributing to a sustainable lifestyle. With ample parking for up to 11 cars, you'll have plenty of space for family, friends, or tenants. This home effortlessly blends luxury with functionality, making it a rare find in today's market. Whether you're looking for a place to call home or a savvy investment opportunity, this two unit dwelling has something for everyone. Don't miss your chance to experience resort-style living while securing your financial future!

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$799,000 - 816 SIMCOE Street, Oshawa

Detached for Sale in Oshawa

Popular Listing
4Beds
2Baths
1,100 - 1,499Sq Ft
Detached
Property Details
MLS Number
E13241770
Property Type
Detached
Status
active
Days on Site
14
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Oshawa
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

**Charming Two Unit Dwelling, with Resort-Style Living and In-Ground Pool** Welcome to your dream home, where lifestyle meets investment potential! This stunning two unit dwelling is perfect for multi-generational living or an excellent opportunity to generate income. Nestled in a peaceful neighborhood, this property boasts a resort-style backyard designed for relaxation and entertainment. Step outside to discover a covered deck that invites you to unwind in style, whether hosting gatherings or enjoying quiet evenings under the stars. The expansive backyard features a sparkling in-ground pool, perfect for summer fun, along with a changing room and a workshop, adding practicality to your outdoor oasis. Imagine cultivating your own garden suite or creating a personal retreat in this generous outdoor space. This property is not just about comfort, it's also eco-friendly! An income-generating solar panel system helps offset energy costs while contributing to a sustainable lifestyle. With ample parking for up to 11 cars, you'll have plenty of space for family, friends, or tenants. This home effortlessly blends luxury with functionality, making it a rare find in today's market. Whether you're looking for a place to call home or a savvy investment opportunity, this two unit dwelling has something for everyone. Don't miss your chance to experience resort-style living while securing your financial future!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

$
$
5%10%50%

5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Oshawa

Discover Oshawa

Oshawa is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Oshawa

  • Convenient location in Oshawa
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Oshawa offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

816 SIMCOE Street, Oshawa

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$2,468

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $726/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Detached Home Advantages

Detached homes in Oshawa are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Oshawa. Good resale value as demand remains consistent.

Investment Perspective

Looking at this as an investment: Oshawa properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    816 SIMCOE Street, Oshawa | $799,000 | Battaglia Team