Listed by Royal Lepage Frank Real Estate.

16040 Simcoe Street is a Detached, Bungalow and is currently for Sale @ $1,097,000. Taxes in 2025 were $7,561.00.

More homes for sale under 1.1M in Scugog

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. The Bungalow on 16040 Simcoe Street has 2 bedrooms, 6 bathrooms, and is located on a 111.95 x 49.23 ft lot in the community of Port Perry . 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.

2 fridges, 2 stoves, 2 dishwashers, 2 washers, 2 dryers, all electric light fixtures

The address 16040 Simcoe Street was listed for sale (MLS# E13094866) on Thursday, May 07, 2026.