8-10 Simcoe Street N

About this home

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.

Details

Type

Commercial Retail

Lot

71.39 × 52.58 ft

Garage

None

Property tax

$23,727 (2026)

Neighbourhood

O'Neill

Municipality

Oshawa

Heating, cooling and services

Heating

Baseboard

Air conditioning

Partial

Water and sewer

Sanitary+Storm

Utilities

Available

Building and exterior

Building area

10,000 Square Feet

More

Possession

Flexible

Cross street

Simcoe St Between King St E and Bond St E