Rare opportunity to own a fully renovated home with 3 self contained units in downtown Oshawa. This stunning Century Home has been updated throughout with new hardwood flrs, new roof, 5 baths, 3 kitchens, and modern systemsideal for multi-family living, biz use, or as a high-potential Income Property. Zoned PSCA, this property supports a wide range of multi-residential and commercial/industrial uses including but not limited to automotive, educational, medical and retail. Currently tenanted with 3 income streams generating approx. $7,500/mo (tenants can stay or vacate by summer). Grandfathered-in neon sign included and may be digitizedgreat visibility on one of Oshawas busiest streets! 10-car prkg onsite. Located steps from transitGO Bus & Pulse at the doorand minutes to the new GO Station, Hwy 401 & 407, Ontario Tech U, Durham College, and 2 Costco locations. Surrounded by new development and downtown renewal, offering huge upside. Property is financed residential by current owner with possibility of a low rate assumption by qualified buyer. VTB available. Builders and developers are encouraged to entertain land assemblies with neighbours who may be open to selling. Otherwise, perfect for investors looking to make an office on the main floor and residential above while holding for higher development values. This could be the anchor property in your portfolio! Don't miss the chance to potentially buy into future leverage! Live, work, or invest in this highly visible, turn-key property in the heart of Oshawas growth corridor. A rare find that combines history, flexibility, and income potential. |
Price | $1,499,000 |
Taxes: | $6554.29 |
Occupancy: | Tenant |
Address: | 370 Simcoe Stre South , Oshawa, L1H 4J3, Durham |
Acreage: | < .50 |
Directions/Cross Streets: | Simcoe Street South / Olive Avenue |
Rooms: | 13 |
Rooms +: | 2 |
Bedrooms: | 6 |
Bedrooms +: | 1 |
Family Room: | F |
Basement: | Apartment |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Total Area: | 0.00 |
Approximatly Age: | 100+ |
Property Type: | Detached |
Style: | 2 1/2 Storey |
Exterior: | Brick |
Garage Type: | None |
(Parking/)Drive: | Private |
Drive Parking Spaces: | 10 |
Park #1 | |
Parking Type: | Private |
Park #2 | |
Parking Type: | Private |
Pool: | None |
Other Structures: | Shed |
Approximatly Age: | 100+ |
Approximatly Square Footage: | 3000-3500 |
CAC Included: | N |
Water Included: | N |
Cabel TV Included: | N |
Common Elements Included: | N |
Heat Included: | N |
Parking Included: | N |
Condo Tax Included: | N |
Building Insurance Included: | N |
Fireplace/Stove: | N |
Heat Type: | Baseboard |
Central Air Conditioning: | None |
Central Vac: | N |
Laundry Level: | Syste |
Ensuite Laundry: | F |
Sewers: | Sewer |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
THE REALTY MARKET INC |
|
Book Showing | Email a Friend |
Type: | Freehold - Detached |
Area: | Durham |
Municipality: | Oshawa |
Neighbourhood: | Central |
Style: | 2 1/2 Storey |
Approximate Age: | 100+ |
Tax: | $6,554.29 |
Beds: | 6+1 |
Baths: | 5 |
Fireplace: | N |
Pool: | None |