370 Simcoe Street S Oshawa, Ontario L1H 4J3
$1,499,000
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. (id:61852)
Property Details
| MLS® Number | E12077213 |
| Property Type | Single Family |
| Neigbourhood | Central |
| Community Name | Central |
| Features | Paved Yard |
| ParkingSpaceTotal | 10 |
| Structure | Shed |
Building
| BathroomTotal | 5 |
| BedroomsAboveGround | 6 |
| BedroomsBelowGround | 1 |
| BedroomsTotal | 7 |
| Age | 100+ Years |
| BasementFeatures | Apartment In Basement |
| BasementType | N/a |
| ConstructionStyleAttachment | Detached |
| ExteriorFinish | Brick |
| FoundationType | Unknown |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 3 |
| SizeInterior | 3000 - 3500 Sqft |
| Type | House |
| UtilityWater | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 164 Ft ,1 In |
| SizeFrontage | 60 Ft ,1 In |
| SizeIrregular | 60.1 X 164.1 Ft |
| SizeTotalText | 60.1 X 164.1 Ft|under 1/2 Acre |
| ZoningDescription | Psc-a - Planned Strip Commercial Zone A |
https://www.realtor.ca/real-estate/28155199/370-simcoe-street-s-oshawa-central-central
Interested?
Contact us for more information
Jonathan Chhangur
Salesperson
103 Radley Street
Woodbridge, Ontario L4L 8K4
Sherland Chhangur
Broker of Record
103 Radley Street
Woodbridge, Ontario L4L 8K4
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April 11 2025 03:38:30
Toronto Real Estate Board
The Realty Market Inc
