251-255 Simcoe Street South, Oshawa | Image 1

251-255 Simcoe Street South

Oshawa, Central

  • Commercial

$1,700,000
For Sale

Added 3 days ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: R2/R3-A/R6-B/R7-

  • Age: No Data

  • Taxes: 29914.58

  • MLS®#: E11977272

  • Days on Site: 1 Days

  • Added: Feb 18, 2025 (3 days ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: MYSAK REALTY INC.

Approx. 8.5% cap rate with 52%+ lift on overall rent roll. 11 Residential (2 semi-detaches included) + 8 Commercial (approx total 8,500sqft) in Central Oshawa. 1 vacant residential. Located on Oshawa transit line & 2km away from Costco, Oshawa Centre & Hwy 401. Clean Environmental Phase 1 (2021). 9 parking spots. VTB AVAILABLE.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Retail

  • Area: Oshawa

  • Community: Central

  • Availability Date: Flexible

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Forced Air Open

  • Elevator: None

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Tax Legal Description: LT 28 E/S SIMCOE ST PL H50005, OSHAWA; LT 28 W/S CELINA ST PL H5

  • Taxes: $29,915

  • Expenses: Est

  • Insurance Fee: 6969

  • Hydro Expense: 19492

  • Heat Expenses: 10321

  • Taxes Type: Annual

  • Taxes: 31821

  • Tax Year: 2024

  • Water Fees: 11065

Land

  • Cross Street: Simcoe Street S / Gi

  • Municipality District: Oshawa

  • Parcel Number: 163490509

  • Sewer: San+Storm

  • Lot Depth: 95.64 Feet

  • Lot Frontage: 82.5 Feet

  • Zoning: R2/R3-A/R6-B/R7-

Commercial Specific

  • Retail Area: 7094

  • Retail Area Metric: Sq Ft

  • Sprinklers: Part

  • Total Area: 15764

  • Total Area Metric: Sq Ft

  • Lot Code: Lot

  • Gross Income/Sales: 222128

Map of 251-255 Simcoe Street South, Oshawa
JK-8

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Mary Street Community School

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College Hill Public School

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O'Neill Collegiate and Vocational Institute

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