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.