370 Simcoe Street, Oshawa, ON Image 1

$1,499,000

Detached For Sale
MLS - #E12077213
Apr 11- By THE REALTY MARKET INC

370 Simcoe Street, Oshawa, ON L1H 4J3

7 Bed
5 Bath
3000-3500 Sqft.
None Garage

Property Description

Property type

Detached

Lot size

< .50

Style

2 1/2 Storey

Approx. Area

3000-3500 Sqft

About 370 Simcoe Street

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.

Home Overview

Last updated

Apr 11

Virtual tour

None

Basement information

Apartment

Building size

--

Status

In-Active

Property sub type

Detached

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:Apartment
Cooling:None
Heating:Baseboard
Parking Features:Private
0
Similar Homes Found
$0
Average Price
149900000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 370 Simcoe Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$5725.16/ month
$1,199,200 Principal and Interest

Some information about this property - Simcoe Street

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