Property Details
48 SIMCOE ST N, Oshawa, Ontario, L1G4S1
$1,050,000 - For sale
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:2471)
- Property Address:48 SIMCOE ST N, Oshawa, Ontario, L1G4S1
- Property Type:Retail
- Community Name:O'Neill
- Lot Size:25 x 120.11 FT
- Water Type:Municipal water
- Parking Space Total:2
- Structure Style:Residential Commercial Mix
- Floor Space:5000 sqft
- Cooling Type:Partially air conditioned
- Amenities Nearby:Public Transit
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- Map 48 SIMCOE ST N, Oshawa, Ontario, L1G4S1
- Neighbourhood Information
48 SIMCOE ST N, Oshawa, Ontario, L1G4S1
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