451 Simcoe Street Oshawa, Ontario L1H 4J7

$3,900,000

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. (id:55460)

Business

Business Type	Residential
Business Sub Type	Apartments

Property Details

MLS® Number	E13853516
Property Type	Multi-family
Neigbourhood	Central
Community Name	Central

Building

Cooling Type	None
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Exterior	13896 Sqft
Size Interior	13,896 Sqft
Type	Multi-family
Utility Water	Municipal Water

Land

Acreage	No
Size Depth	173 Ft ,3 In
Size Frontage	80 Ft ,5 In
Size Irregular	Bldg=80.42 X 173.33 Ft
Size Total Text	Bldg=80.42 X 173.33 Ft
Zoning Description	Psc-a

https://www.realtor.ca/real-estate/30355248/451-simcoe-street-oshawa-central-central