$3,900,000
Available - For Sale
Listing ID: E13853516
451 Simcoe Street , Oshawa, L1H 4J7, Durham
| Exceptional Investment Opportunity In The Heart Of Central Oshawa! With Major Renovations In2026, This Mixed-Use Building Features 17 Total Units, Including 15 Residential Suites And 2Ground-Floor Retail Units. The Residential Mix Includes 2 Bachelor, 10 One-Bedroom, And 3Two-Bedroom Suites. Situated On A 0.32-Acre Lot With 22 On-Site Parking Spaces, The Property Is Zoned PSC-A And Located Within Oshawa's Central Planning Framework And PMTSA, Offering Excellent Long-Term Redevelopment Potential. Extensive Renovations Include New Plumbing, Electrical, HVAC, Framing, And Major Building Improvements, With The Remaining Interior Build-Out Nearing Completion. Seven Residential Units Are Already Leased, While The Remaining Residential And Two New Retail Units Offer Significant Upside Upon Completion. A Rare Opportunity To Acquire A Modernized, Income-Producing Mixed-Use Asset In A Rapidly Growing Urban Corridor. |
| Price | $3,900,000 |
| Taxes: | $24480.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 451 Simcoe Street , Oshawa, L1H 4J7, Durham |
| Postal Code: | L1H 4J7 |
| Province/State: | Durham |
| Legal Description: | Pt Lt C42 Sheet 20 Pl335 Oshawa As In D2 |
| Directions/Cross Streets: | Simcoe St S & Albany |
| 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 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Apartment |
| Use: | Apts - 13 To 20 Units |
| Building Percentage: | T |
| Total Area: | 13896.00 |
| Total Area Code: | Square Feet |
| Financial Statement: | T |
| Chattels: | T |
| Franchise: | F |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | No |
| Sewers: | Sanitary+Storm |
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| RE/MAX REALTY SPECIALISTS INC. |
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Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
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At a Glance:
| Type: | Com - Investment |
| Area: | Durham |
| Municipality: | Oshawa |
| Neighbourhood: | Central |
| Tax: | $24,480 |
| Fireplace: | N |
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