247 Simcoe Street
Oshawa, L1G 4T5
FOR SALE
$7,195,000
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Office
CATEGORY 14,817 Sq Ft
OFFICE/APT AREA E13558396
MLSID Contact Us
Property Description
Rare Medical User/Investment Opportunity. Approx 15,000 SF -three-storey medical office building featuring a strong, established tenant mix with stable in-place income and immediate owner-occupier potential. Approximately 4, 608 SF of ground floor medical space available-ideal for end-users seeking turnkey space or investors looking for meaningful lease upside and value enhancement. Unmatched exposure at the signalized intersection of Simcoe St N &Adelaide Ave E (40, 000+ vehicles daily), directly across from Lakeridge Hoalth Hospital-anchoring the property within a highly sought-after and supply-constrained healthcare node. Strategically located minutes from Ontario Tech University, major retail amenities, and the Oshawa GO Station, providing excellent connectivity to the broader GTA via key commuter routes. Significant recent capital improvements completed, minimizing near-term capital requirements and supporting long-term ownership stability. Vendor willing to provide a substantial Vendor Take-Back (VTB)mortgage, offering attractive financing flexibility for qualified buyers.
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Property Details
Address
247 Simcoe Street
Community
City
Postal Code
L1G 4T5
Property Type
Office, Office
Use
Office
Zoning
office
Office Area
14,817 Sq Ft
Taxes
$93,173 (2025
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
Underground
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Listing contracted with Cbre Limited
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