48 Simcoe St N Oshawa, Ontario L1G 4S1

5000 sqft
Partially Air Conditioned


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:47515)

Property Details

MLS® Number E6715754
Property Type Retail
Community Name O'Neill
Amenities Near By Public Transit
Parking Space Total 2


Cooling Type Partially Air Conditioned
Size Interior 5000 Sqft
Type Residential Commercial Mix
Utility Water Municipal Water


Acreage No
Land Amenities Public Transit
Size Irregular 25 X 120.11 Ft
Size Total Text 25 X 120.11 Ft



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