8-10 Simcoe Street N, Oshawa, ON L1G 4R8

$2,500,000

Commercial Retail
MLS® E13561828

Listing Brokerage: DAN PLOWMAN TEAM REALTY INC.

Description

Welcome To Your Next Great Investment Opportunity. This Turn Key Investment Property Cash Flows From Day 1. Located In Downtown Oshawa, On Bus Route, Close To College Campuses, Great Restaurants And Shopping. This Property Consists Of 2 Great Commercial Tenants With Approximately 3400 Sq Ft Combined Plus An Additional 8 Apartments. The Five 2 Bedroom And Three 1 Bedroom Apartments Have Mostly Been Updated Over The Last 5-10 Years. The $154,000 Net Income After All Expenses And Maintenance That This Property Brings In Represents An Impressive 6 Cap Rate With Some Room For Improvement Down The Road. Whether You Are Looking For Your First Investment Or Wanting To Add Another Property To Your Portfolio. This Property Is For You.

Property details

MLS® number: E13561828
Transaction: For Sale
Property type: Commercial
Style / use: Commercial Retail
Community: O'Neill
City: Oshawa
Building area: 10000 Square Feet
Lot width: 71.39 Feet
Lot depth: 52.58 Feet
Heating: Baseboard
Cooling: Partial
Garage: None
Taxes: $23,727.00
Tax year: 2026
Office area: 6600
Retail area: 3400
Listing brokerage: DAN PLOWMAN TEAM REALTY INC.

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