LOADING

48 Simcoe St N Oshawa, Ontario L1G 4S1

5 Bedroom 4 Bathroom
Central Air Conditioning Forced Air

$1,050,000

Such A Versatile Investment Opportunity; Commercial and Residential Apartments!! Currently Generating Just Over 63K on 2nd Level Boasting Less than 5% Annual Vacancy. Owner Occupies the Main Level and Is Willing to Lease-Back for an Additional 12mths, or Vacate with Adequate Notice. Use for your Own Business or Lease It Out at Market Retail Rates with Residential Apartments Upstairs- So Many Options for the Savvy Investor. Heating= Electric baseboard on Lower Level and Gas Forced Air Upstairs.**** EXTRAS **** 2nd Level Income ~$63K. Projected Main Lvl Income= $38K. 2022 Bldg Expenses= $20,015. Projected Income= ~$81K. Apt 1&3- 2 Bdrm, Apt 2- 1 Bdrm. Main Lvl Occupied by Owner. Separate Gas/Hydro Meters, 400 Amp Svc for Building. (id:41912)

Property Details

MLS® Number E6715782
Property Type Retail
Community Name O'Neill
Parking Space Total 2

Building

Bathroom Total 4
Bedrooms Above Ground 5
Bedrooms Total 5
Cooling Type Central Air Conditioning
Exterior Finish Brick
Heating Fuel Natural Gas
Heating Type Forced Air
Type Residential Commercial Mix
Utility Water Municipal Water

Land

Acreage No
Sewer Sanitary Sewer
Size Irregular 25 X 120.11 Ft
Size Total Text 25 X 120.11 Ft

https://www.realtor.ca/real-estate/25907161/48-simcoe-st-n-oshawa-oneill

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August 10 2023 08:29:19

Durham Region Association of REALTORS®

Keller Williams Energy Real Estate

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