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SaleCommercial Retail

8-10 Simcoe Street N

Oshawa, ON L1G 4R8

Price

$2,600,000

Building Size

10,000 sq ft

MLS# E13123980 | Listed by DAN PLOWMAN TEAM REALTY INC.

Business Details

Property Use

Multi-Use

Commercial Space & Financials

Retail Area

3,400 sq ft

Office / Apt Area

6,600 sq ft

Taxes (Annual)

$23,727

Industrial Specifications

Lot Size

71.39' × 52.58'

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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Listing Courtesy of: DAN PLOWMAN TEAM REALTY INC.

This listing is provided through the TRREB MLS® System. Contact the listing brokerage for more information.

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