8-10 SIMCOE STREET N
Oshawa (O'Neill), Ontario
MLS® E13561828
$2,500,000
- Status
- Active
- Property type
- Retail
- MLS® number
- E13561828
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 9Listing 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.
Property summary
- MLS® number
- E13561828
- Property type
- Retail
- Square footage
- 10,000 sq ft
- Land size
- 71.39 x 52.58 FT
- Annual property taxes
- $23,727.00
- Days on market
- 45 days
Features & details
- Heating
- Baseboard heaters, Forced air, Natural gas
- Cooling
- Partially air conditioned
What would this home cost you?
Based on the $2,500,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of DAN PLOWMAN TEAM REALTY INC., OSHAWA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.