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Simcoe Residence 1645 Simcoe St N 15 Unit Apartment Building For Sale Oshawa, ON L1G 4X8
Investment Highlights
- Has a 96.7% occupancy rate.
- Student housing investment opportunity.
- Strategically positioned within Oshawa's education corridor.
- Contains 15 units.
Executive Summary
Colliers and the Residential Capital Group (the "Advisor") are pleased to present a premier purpose-built student housing investment opportunity located at 1645 Simcoe Street North, Oshawa (the "Property")
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.
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.
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 | - | - |
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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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