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$4,500,000
Available - For Sale
Listing ID: E8083160
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.
Extras:   Location of this property could not be better with transit and proximity to hospital.
Price $4,500,000
Taxes: $28,061.87
Tax Type: Annual
Occupancy by: Tenant
Address: 137 Simcoe St North , Oshawa, L1G 4S6, Ontario
Postal Code: L1G 4S6
Province/State: Ontario
Legal Description: **see Legal Desc Schedule attached*
Directions/Cross Streets: Simcoe St N And Adelaide
Zoning: PSC-B
Category: Designated
Use: Residential
Building Percentage: N
Total Area: .67
Total Area Code:  Acres
Sewers: San+Storm
Water: Other
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Asking Price: $ Heating: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX JAZZ INC.

137 Simcoe St North , Oshawa, L1G 4S6, Ontario


 
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At a Glance:
Type: Com - Land
Area: Durham
Municipality: Oshawa
Neighbourhood: O'Neill
Style:
Lot Size: 0.67 x 0.00(Acres)
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Tax: $28,061.87
Maintenance Fee: $0
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