78 Simcoe ST N Active

Durham,ON L1G 4S2

$ 899000

- Bed

- Bath

2450 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 2,450 sqft

Price per Sqft $366

Subdivision O'Neill

MLS Listing ID E12413552

Annual Tax Amount $7,492

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

An exceptional opportunity in the heart of Oshawa! This prime mixed-use property at 78 Simcoe St N features a spacious commercial/retail unit on the main floor with an open layout-perfect for retail, office, service, or hospitality uses-and a full basement providing valuable storage and operational space. Located within Oshawa's Economic Expansion Plan area, the property qualifies for city improvement grants and incentives, offering added value for investors or business owners planning renovations. With no tenants currently on site, there's no need for evictions, allowing for immediate upgrades or redevelopment. The upper level includes three one-bedroom apartments, ideal for generating steady rental income or creating student housing in this high-traffic, visible location. Offering strong income potential and flexibility, this property is a standout investment in Oshawa's growing market.

Location

Province ON

County Durham

Community O'Neill

Area Durham

Interior

Cooling No

Exterior

Community Features Major Highway,Public Transit

Utilities Available Yes

Lot Frontage 19.0

Lot Depth 70.35

Others

Security Features No

ParcelsYN No

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