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$1,499,000
Available - For Sale
Listing ID: E12077213
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: $6,554.29
Occupancy by: 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
Washrooms: 5
Family Room: F
Basement: Apartment
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
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
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THE REALTY MARKET INC

370 Simcoe Stre South , Oshawa, L1H 4J3, Durham


 
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At a Glance:
Type: Freehold - Detached
Area: Durham
Municipality: Oshawa
Neighbourhood: Central
Style: 2 1/2 Storey
Lot Size: x 164.10(Feet)
Approximate Age: 100+
Tax: $6,554.29
Maintenance Fee: $0
Beds: 6+1
Baths: 5
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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