8-10 Simcoe Street
Oshawa, L1G 4R8
FOR SALE
$2,500,000
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Commercial Retail
CATEGORY 6,600 Sq Ft
OFFICE/APT AREA E13561828
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Property 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.
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Property Details
Address
8-10 Simcoe Street
Community
City
Postal Code
L1G 4R8
Property Type
Commercial Retail, Commercial Retail
Use
Multi-Use
Zoning
CBD-A .T25
Lot Size
71' x 53'
Office Area
6,600 Sq Ft
Retail Area
3,400 Sq Ft
Taxes
$23,727 (2026
Heat Type
Baseboard
Water
Municipal
Garage Type
None
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Listing contracted with Dan Plowman Team Realty Inc.
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