$2,600,000
Available - For Sale
Listing ID: E13123980
8-10 Simcoe Street North , Oshawa, L1G 4R8, Durham
| 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. |
| Price | $2,600,000 |
| Taxes: | $23727.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 8-10 Simcoe Street North , Oshawa, L1G 4R8, Durham |
| Postal Code: | L1G 4R8 |
| Province/State: | Durham |
| Legal Description: | PT LT 1 N/S KING ST PL H50002 OSHAWA AS |
| Directions/Cross Streets: | Simcoe St Between King St E and Bond St E |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Multi-Use |
| Building Percentage: | F |
| Total Area: | 10000.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 6600 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area Code: | Sq Ft |
| Sprinklers: | No |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | Partial |
| Sewers: | Sanitary+Storm |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| DAN PLOWMAN TEAM REALTY INC. |
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Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Durham |
| Municipality: | Oshawa |
| Neighbourhood: | O'Neill |
| Tax: | $23,727 |
| Fireplace: | N |
Locatin Map:
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