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Listed 1 month ago

816 N SIMCOE Street N

Centennial, Oshawa

$844,900

Detached|Bungalow
2 | 2 | 11
About this home

Welcome to a rare opportunity to own a Certified Two-Unit Dwelling that seamlessly combines exceptional lifestyle, multi-generational living, and outstanding income potential. Whether you're looking to accommodate extended family, offset mortgage costs with rental income, or expand your investment portfolio, this versatile property offers endless possibilities. Designed with flexibility in mind, the home features two selfcontained living spaces, making it ideal for multi-generational families seeking both togetherness and privacy. Parents, adult children, in-laws, or tenants can enjoy independent living arrangements under one roof while benefiting from shared outdoor amenities and generous space. Outside, you'll discover a true backyard retreat. The resort-inspired setting includes a sparkling in-ground pool, covered deck for year-round entertaining, change room, workshop, and an expansive yard with potential for future enhancements such as a garden suite (buyer to verify). Whether hosting family gatherings or enjoying peaceful evenings at home, this outdoor oasis delivers the perfect balance of recreation and relaxation. Adding even more value, the property features an income-generating solar panel system that helps offset operating costs while supporting a sustainable lifestyle. With parking for up to 11 vehicles, there is ample space for multiple families, guests, tenants, or home-based business needs .Properties offering a Two-Unit Dwelling Certificate are increasingly sought after for their flexibility, legal status, and long-term financial advantages. Live comfortably in one unit while generating rental income from the other, accommodate multiple generations with ease, or maximize the property's investment potential.

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agent
Angela Montano
(647) 283-2643
TypeDetached
StyleBungalow
Approx. Age31-50
Size1100-1500 sq. ft.
Property Tax$5,915
Lot Size50.04 ft x 239.98 ft
mls© NumberE13488658
Listed ByCENTURY 21 PERCY FULTON LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$4,325
Property tax
$493
Heat allowance
$150
Housing costs
$4,967 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $168,980
25-yr amortization

Income needed

$153,000

gross annual household income

Payment at 4%
$3,555 / mo
Cash down
$168,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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