For Sale - 16040 Simcoe Street, Scugog, Ontario

Est payment $5,268/mo
Views   1
Time on Jump  39 day
  • Turnkey investment with immediate cash flow and no rent control.
  • Purpose-built bungalow with two self-contained units for reliable income.
  • Modern finishes and layouts in both 2-bedroom units for tenant appeal.
  • Located near Lake Scugog, ensuring strong demand from tenants.
  • Low-maintenance property with separate utility metering for efficient management.



Turnkey investment opportunity in beautiful port perry - not subject to rent control! Purpose-built bungalow with legal accessory apartment generating strong, reliable income with a+ tenants in place. An exceptional opportunity for investors seeking immediate cash flow with future upside potential. Featuring two fully self-contained units, each thoughtfully designed with modern finishes and functional layouts. Both units offer 2 bedrooms with private ensuites, contemporary kitchens with quartz countertops, stainless steel appliances, and stylish finishes, along with separate entrances, private laundry, and individual garages. Built with investor efficiency in mind, the property includes separate utility metering, reducing operational complexity and maximizing returns. Additional highlights include 9' ceilings, luxury vinyl plank flooring, gas fireplace, modern lighting, and parking for up to 3 vehicles per unit. Strong income profile: $68,340/year. Located in the highly desirable waterfront community of port perry, just minutes to lake scugog, marina, shops, and amenities, ensuring continued tenant demand and long-term appreciation. A rare opportunity to acquire a low-maintenance, income-generating asset in one of durham region's most desirable waterfront communities.
Listing IDE13094866
Address16040 Simcoe Street
CityScugog, Ontario
Price$1,097,000
Bed / Bath4 / 6 Full
StyleBungalow, Detached
ConstructionStone, Brick
TypeResidential
StatusFor Sale
Subtype DetachedIndoor Features Accessory ApartmentAmenities Hospital, Public TransitOwnership FreeholdBasement Apartment, Separate EntranceFoundation ConcreteHeating / Cooling Forced AirHeating Fuel GasSewer Sewer
Parking 6.00
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Listing Agency:  ROYAL LEPAGE FRANK REAL ESTATE

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16040 Simcoe Street
Scugog , Ontario
4 6 $1,097,000
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