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Simcoe Residence 1645 Simcoe St N 15 Unit Apartment Building For Sale Oshawa, ON L1G 4X8
Investment Highlights
- 61 beds, each with their own bathroom, in an excellent condition building built in 2015
- Strategic Location within 800m of Durham College Campus & Ontario Tech University
- 96.7% occupancy rate showing strong demand fundamentals
Executive Summary
Built in 2015, this modern 4-storey residence comprises 61 bedrooms across 15 units, catering to strong rental demand from nearby Durham College and Ontario Tech University. The Property offers a diverse mix of 1–6 bedroom suites, each featuring private bathrooms and fridges, with HVAC systems and high-speed internet infrastructure throughout.
With a 96.7% occupancy rate, the Property delivers immediate income stability and strong value-add potential through professional management, targeted marketing, and rental rate optimization.
Strategically positioned within Oshawa’s education corridor, this asset is well-poised to benefit from continued enrollment growth at both institutions, which together serve over 25,000 full-time students.
With a 96.7% occupancy rate, the Property delivers immediate income stability and strong value-add potential through professional management, targeted marketing, and rental rate optimization.
Strategically positioned within Oshawa’s education corridor, this asset is well-poised to benefit from continued enrollment growth at both institutions, which together serve over 25,000 full-time students.
Property Facts
| Sale Type | Investment | Building Class | B |
| No. Units | 15 | Lot Size | 0.40 AC |
| Property Type | Multifamily | Building Size | 25,390 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2015 |
| Sale Type | Investment |
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.40 AC |
| Building Size | 25,390 SF |
| No. Stories | 4 |
| Year Built | 2015 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 15 | - | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
60/100
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Simcoe Residence | 1645 Simcoe St N
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