$1,137,000

Detached

16040 Simcoe Street, Scugog, ON

7 DAYS
2+2
6
2
1100-1500
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Listed by ROYAL LEPAGE FRANK REAL ESTATE

Property Highlights

Garage

2 spaces

Property Tax

$7,561/yr

Age

0-5 yrs

Lot Size

5,511 sqft

Fireplace

1 fireplace

Style

Bungalow

Basement

Apartment, Separate Entr.

Monthly Cost

$5,431/mo

About This Home

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.

Monthly Cost

Monthly Mortgage$4,801
Property Tax ($7,561/yr)$630
Total$5,431

Price & Listing History

Schools

Location

Tap to view full map

Rooms

Main Level

Breakfast: 3.05m × 3.35m
Bedroom 2: 3.65m × 3.65m
Primary Bedroom: 5.06m × 4.26m
Kitchen: 4.15m × 3.35m
Laundry: 0.0 × 0.0
Great Room: 6.58m × 4.15m

Lower Level

Breakfast: 3.05m × 3.84m
Laundry: 0.0 × 0.0
Great Room: 6.40m × 4.15m
Bedroom 2: 4.45m × 3.84m
Kitchen: 3.65m × 3.84m
Primary Bedroom: 5.18m × 3.84m

Listing Presented By

Iryna Tarabanovska

Iryna Tarabanovska

REALTOR®

+1 (647) 570-8221
iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage