137 Simcoe Street North, Oshawa | Image 1

137 Simcoe Street North

Oshawa, O'Neill

  • Commercial

$4,500,000
For Sale

Added 2 months ago

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  • Type: Land

  • Property Type: Commercial

  • Business Type: Residential

  • Zoning: PSC-B

  • Age: No Data

  • Taxes: 28061.87

  • MLS®#: E8083160

  • Days on Site: 42 Days

  • Added: Feb 21, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX JAZZ INC.

Attention Developers & Condo Builders. 0.67 Acre Building Site Assembled In Downtown Oshawa with Simcoe St N Frontage. Lots of opportunity to rezone for good density on the site, could be rental housing, condo or retirement home. Incredible location within walking distance to Lakeridge Regional Health Centre, Ontario Tech Downtown Campus, Oshawa Golf & Curling Club, Regional Court House, Tribute Communities Centre & All That the revitalized downtown has to offer. Site consists of Five properties, 137 and 141 Simcoe St N, 10 Colborne, 14 Colborne & 20 Colborne. Good income stream while developing, Current Gross Income For Four Properties and 11 apartments is $163,200 annually with an NOI of approximately $118,000. Phase 1 ESA and Stage 1 Archeological Study Complete. Also have design for 9-Storey building within 101 units and two levels of underground parking.

Extras

Location of this property could not be better with transit and proximity to hospital.

Property

  • Status: Sale

  • Type: Residential

  • Property Type: Land

  • Property Type: Designated

  • Area: Oshawa

  • Community: O'Neill

  • Availability Date: TBD

Utilities

  • Utilities: Available

Building

  • Freestanding: N

  • Water Supply: Other

Fees

  • Tax Year: 2023

  • Tax Legal Description: **see Legal Desc Schedule attached*

  • Taxes: $28,062

  • Taxes Type: Annual

Land

  • Cross Street: Simcoe St N And Adel

  • Municipality District: Oshawa

  • Parcel Number: 163160310

  • Sewer: San+Storm

  • Lot Frontage: 0.67 Acres

  • Zoning: PSC-B

Commercial Specific

  • Total Area: 0.67

  • Total Area Metric: Acres

  • Lot Code: Lot

Map of 137 Simcoe Street North, Oshawa
JK-8

Mary Street Community School

Elementary: Public
0.21 km
JK-8

Hillsdale Public School

Elementary: Public
1.66 km
JK-8

Village Union Public School

Elementary: Public
1.22 km
JK-8

Coronation Public School

Elementary: Public
1.44 km
JK-8

Walter E Harris Public School

Elementary: Public
1.68 km
JK-8

Dr S J Phillips Public School

Elementary: Public
1.52 km
9-12

DCE - Under 21 Collegiate Institute and Vocational School

Secondary: Public
0.83 km
9-12

Durham Alternative Secondary School

Secondary: Public
1.47 km
9-12

Monsignor John Pereyma Catholic Secondary School

Secondary: Catholic
2.91 km
9-12

Monsignor Paul Dwyer Catholic High School

Secondary: Catholic
2.51 km
9-12

R S Mclaughlin Collegiate and Vocational Institute

Secondary: Public
2.18 km
9-12

O'Neill Collegiate and Vocational Institute

Secondary: Public
0.51 km
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