ONDurhamOshawa8-10 Simcoe Street
8-10 Simcoe Street
Interior view
Interior view
9
For Sale62 days on Market

8-10 Simcoe Street

Oshawa, ON, L1G 4R8

Community:O'Neill

Asking Price

$2,600,000

Frontage

71.39 ft.

Lot Depth

52.58 ft.

Square Foot

10,000 ft.

Lot Area

Zoning

Commercial

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

Property Description

Original Remarks

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 HISTORY

8-10 Simcoe Street

PROPERTY DETAILS

OccupancyCommercial Retail
Possession TypeFor Sale
Heating TypeBaseboard
WaterMunicipal
SewersSanitary+Storm
Retail Area10,000 ft
Ownership Type
Basement
Garage TypeNone
Elevator
CommunityO'Neill
Hours Open
CategoryMulti-Use
LLBO
Days Open
Business / BuildingLot
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces
Drive Parking Spaces

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Consult Type

Consult typically takes 30–45 minutes