Brick facade building with two distinct storefronts, featuring large street-level display windows, red window shutters on upper levels, and multi-pane windows throughout Features: commercial view More Photos

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

    Est payment $12,005/mo
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    Views   4
    Time on Jump  73 day

    AI Summary *

    • Turnkey investment property generating cash flow from day one.
    • Prime downtown location close to public transport, colleges, and shopping.
    • Includes 2 commercial tenants and 8 updated apartments for diverse income.
    • Impressive $154,000 net income and 6% cap rate with growth potential.
    • Great opportunity for first-time investors or expanding portfolios.




    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 IDE13561828
    Address8-10 Simcoe Street
    CityOshawa, Ontario
    Price$2,500,000
    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.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    8-10 Simcoe Street
    Oshawa , Ontario
    $2,500,000
    Get more info