For Sale - 8-10 Simcoe Street, Oshawa, Ontario

Est payment $12,485/mo
Views   1
Time on Jump  2 day
  • Turnkey investment opportunity with immediate cash flow from day one.
  • Located in downtown Oshawa, close to public transport and amenities.
  • Two established commercial tenants provide stable income.
  • Eight updated apartments with potential for more improvements.
  • Strong net income showcasing a solid cap rate for investors.



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.
Listing IDE13123980
Address8-10 Simcoe Street
CityOshawa, Ontario
Price$2,600,000
StyleCommercial Retail
TypeIndustrial/Commercial
StatusFor Sale
Subtype Commercial RetailBasement 1Heating / Cooling BaseboardSewer Sanitary+Storm
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Listing Agency:  DAN PLOWMAN TEAM REALTY INC.

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8-10 Simcoe Street
Oshawa , Ontario
$2,600,000
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