137 Simcoe St N
Oshawa, L1G4S6
For Sale
$4,500,000
➧
➧
Designated
CATEGORY0.67 Acres
TOTAL AREAE8083160
MLSIDContact Us
Property Description
Attention Developers & Condo Builders. 0.67 Acre Building Site Assembled In Downtown Oshawa with Simcoe St N Frontage. Lots of opportunity to rezone for good density on the site, could be rental housing, condo or retirement home. Incredible location within walking distance to Lakeridge Regional Health Centre, Ontario Tech Downtown Campus, Oshawa Golf & Curling Club, Regional Court House, Tribute Communities Centre & All That the revitalized downtown has to offer. Site consists of Five properties, 137 and 141 Simcoe St N, 10 Colborne, 14 Colborne & 20 Colborne. Good income stream while developing, Current Gross Income For Four Properties and 11 apartments is $163,200 annually with an NOI of approximately $118,000. Phase 1 ESA and Stage 1 Archeological Study Complete. Also have design for 9-Storey building within 101 units and two levels of underground parking.
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Extras
Location of this property could not be better with transit and proximity to hospital.
Property Details
Category
Designated
Usage
Residential
Zoning
Psc-B
Total Area
0.67 Acres
Taxes
$28,062 (2023)
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Listing contracted with Re/Max Jazz Inc.
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