416-777-2200

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Apartments - FOR SALE
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1645 Simcoe St N
Oshawa, ON L1G 4X8
Oshawa North


HIGHLIGHTS

  • Has a 96.7% occupancy rate.
  • Strategically positioned within Oshawa's education corridor.
  • Student housing investment opportunity.
  • Contains 15 units.

OVERVIEW

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.

FOR SALE DETAILS

PRICE

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# OF UNITS

15

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Simcoe Residence

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2015

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,624 SF

ZONING

-

APN/PARCEL ID

162701015

ASK ABOUT THIS PROPERTY

Steve KeyzerColliersMore Info
416-777-2200

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Steve KeyzerColliersMore Info
416-777-2200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.