16040 Simcoe Street, Scugog, ON L9L 1S7

$1,097,000
: 4
BD
: 6
BA
: 1,100
SqFt

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List Price: $1,097,000
MLS#: E13094866
Status: ACTIVE
Type: Single Family Residential
SubType: Detached
Style: Bungalow
Bedrooms: 4
Bathrooms: 6
Living Area: 1100-1500
Province: ON
Municipality: Scugog
Area: Durham
Neighborhood: Port Perry
Subdivision: Simcoe St & Reach St

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Property Description

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.

905.449.7653

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