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

10000 sqft
Partially Air Conditioned Baseboard Heaters, Forced Air

$2,600,000

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. (id:60365)

Property Details

MLS® Number E13123980
Property Type Retail
Community Name O'Neill

Building

CoolingType Partially Air Conditioned
HeatingFuel Natural Gas
HeatingType Baseboard Heaters, Forced Air
SizeInterior 10000 Sqft
UtilityWater Municipal Water

Land

Acreage No
SizeDepth 52 Ft ,6 In
SizeFrontage 71 Ft ,4 In
SizeIrregular 71.39 X 52.58 Ft
SizeTotalText 71.39 X 52.58 Ft
ZoningDescription Cbd-a .t25

https://www.realtor.ca/real-estate/29747666/8-10-simcoe-street-n-oshawa-oneill-oneill

Dan Plowman
Salesperson


Dan Plowman Team Realty Inc.
800 King St West
Oshawa, Ontario L1J 2L5

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