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Home ON Greater Oshawa Oshawa Central
370 SIMCOE STREET S
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370 SIMCOE STREET S $1,499,000
$1,499,000
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370 SIMCOE STREET S
Oshawa (Central), Ontario L1H4J3

MLS® Number: E12077213
6 + 1
Bedrooms
5
Bathrooms
3000 - 3500
Square Feet

Listing Description

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. (40232412)

Location Description

Simcoe Street South / Olive Avenue

Property Summary

Property Type
Single Family
Building Type
House
Storeys
2.5
Square Footage
3000 - 3500 sqft
Community Name
Central
Title
Freehold
Land Size
60.1 x 164.1 FT|under 1/2 acre
Age Of Building
100+ years
Annual Property Taxes
$6,554.29
Parking Type
No Garage
Time on REALTOR.ca
13 days

Building

Bedrooms
Above Grade
6
Below Grade
1
Bathrooms
Total
5
Interior Features
Basement Features
Apartment in basement
Basement Type
N/A
Building Features
Features
Paved yard
Foundation Type
Unknown
Style
Detached
Structures
Shed
Heating & Cooling
Heating Type
Baseboard heaters (Electric)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Brick
Parking
Parking Type
No Garage
Total Parking Spaces
10

Measurements

Square Footage
3000 - 3500 sqft

Land

Lot Features
Frontage
60 ft ,1 in
Land Depth
164 ft ,1 in
Other Property Information
Zoning Description
PSC-A - Planned Strip Commercial Zone A
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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