12
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$849,000
Est. payment /mo
Price Dropped by $50K
78 Simcoe ST N Oshawa, ON L1G 4S2
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision O'Neill
MLS Listing ID E12413552
Annual Tax Amount $7,492
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
An exceptional opportunity in the heart of Oshawa! This prime mixed-use property at 78 Simcoe St N features a spacious commercial/retail unit on the main floor with an open layout-perfect for retail, office, service, or hospitality uses-and a full basement providing valuable storage and operational space. Located within Oshawa's Economic Expansion Plan area, the property qualifies for city improvement grants and incentives, offering added value for investors or business owners planning renovations. With no tenants currently on site, there's no need for evictions, allowing for immediate upgrades or redevelopment. The upper level includes three one-bedroom apartments, ideal for generating steady rental income or creating student housing in this high-traffic, visible location. Offering strong income potential and flexibility, this property is a standout investment in Oshawa's growing market. Seller is willing to take VTB.
Location
State ON
County Durham
Area Durham
Interior
Cooling No
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 19.0
Lot Depth 70.35
Others
Security Features No
ParcelsYN No
Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.
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