16040 Simcoe Street, Scugog, ON L9L 1S7, Scugog, ON, L9L 1S7
MLS: E12874370 | Detached
$1,137,000
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.
Quick Facts
- Property Type: Detached
- Style: Bungalow
- Bedrooms: 4 (2 above, 2 below)
- Bathrooms: 6
- Fireplaces: 1
- Parking: 6.0 spaces (Private)
Costs
- Annual Taxes: $7,560.65 (2025)
Listing Provided by: ROYAL LEPAGE FRANK REAL ESTATE
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Cooling: Central Air
- Basement: Apartment, Separate Entrance
- Fireplace Features: Natural Gas
Exterior & Construction
- Style: Bungalow
- Roof: Asphalt Shingle
- Construction: Stone, Brick
- Foundation: Concrete
- Sewer: Sewer
Lot & Land
- Pool: None
Community & Neighbourhood
- Neighbourhood: Port Perry
Listing Information
Listing History
Sold history, price changes, and days-on-market are reserved for registered users.
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Nearby Homes ?Nearby Homes — Search CriteriaSearch Radius1 kmPrice Range±30%Match BedroomsNoMatch BathroomsNo
16028 Simcoe Street, Scugog, ON L9L 1S7, Scugog
Detached$1,137,000
$7,561/yr taxListing Courtesy of ROYAL LEPAGE FRANK REAL ESTATE
5410 Old Richmond Road, Bells Corners and South to Fallowfield, ON K2R 1G7, Bells Corners and South to Fallowfield
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$3,927/yr taxListing Courtesy of ROYAL LEPAGE TEAM REALTY
48 Howell Street, Brampton, ON L6Y 3H8, Brampton
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$7,276/yr taxListing Courtesy of EXP REALTY
303 Broward Way 97, Innisfil, ON L9S 0M5, Innisfil
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$7,411/yr taxListing Courtesy of CENTURY 21 LEADING EDGE REALTY INC.
702 Lake Drive S, Georgina, ON L4P 1V1, Georgina
Detached$1,138,000
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17 Peelar Mews, Toronto W06, ON M8Y 0B1, Toronto W06
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13 KYLE Avenue, Stittsville - Munster - Richmond, ON K2S 1G8, Stittsville - Munster - Richmond
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$6,193/yr taxListing Courtesy of RE/MAX HALLMARK REALTY GROUP
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$4,607/yr taxListing Courtesy of RE/MAX PROFESSIONALS INC.
7 Washington Avenue, Oakville, ON L6K 1W5, Oakville
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$4,782/yr taxListing Courtesy of Keller Williams Edge Realty
5168 Yonge Street LPH101, Toronto C07, ON M2N 0G1, Toronto C07
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Similar Homes ?Similar Homes — Search CriteriaSearch Radius5 kmPrice Range±5%Match Home TypeYesMatch BedroomsYes
16028 Simcoe Street, Scugog, ON L9L 1S7, Scugog
Detached$1,137,000
$7,561/yr taxListing Courtesy of ROYAL LEPAGE FRANK REAL ESTATE
5410 Old Richmond Road, Bells Corners and South to Fallowfield, ON K2R 1G7, Bells Corners and South to Fallowfield
Detached$1,137,500
$3,927/yr taxListing Courtesy of ROYAL LEPAGE TEAM REALTY
13 KYLE Avenue, Stittsville - Munster - Richmond, ON K2S 1G8, Stittsville - Munster - Richmond
Detached$1,138,000
$6,193/yr taxListing Courtesy of RE/MAX HALLMARK REALTY GROUP
1093 Cole Street, Innisfil, ON L9S 4R7, Innisfil
Detached$1,138,000
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237 Karl Rose Trail, Newmarket, ON L3X 3J2, Newmarket
Detached$1,135,888
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24 Todd Road, Ajax, ON L1T 4C6, Ajax
Detached$1,138,800
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Property Comparables ?Active Comparables — Search CriteriaSearch Radius2 kmPrice Range±15%Match Home TypeYesMatch BedroomsYes
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16040 Simcoe Street, Scugog, ON L9L 1S7, Scugog, ON, L9L 1S7