$4,500,000
Status: For Sale
Attention Developers & Condo Builders. 0.67 Acre Building Site Assembled In Downtown Oshawa with Simcoe St N Frontage. Lots of opportunity to rezone for good density on the site, could be rental housing, condo or retirement home. Incredible location within walking distance to Lakeridge Regional Health Centre, Ontario Tech Downtown Campus, Oshawa Golf & Curling Club, Regional Court House, Tribute Communities Centre & All That the revitalized downtown has to offer. Site consists of Five properties, 137 and 141 Simcoe St N, 10 Colborne, 14 Colborne & 20 Colborne. Good income stream while developing, Current Gross Income For Four Properties and 11 apartments is $163,200 annually with an NOI of approximately $118,000. Phase 1 ESA and Stage 1 Archeological Study Complete. Also have design for 9-Storey building within 101 units and two levels of underground parking.
| Price | :$4,500,000 |
| Property Taxes | :$28061.87 |
| Tax Year | :2023 |
| Cross Street | :Simcoe St N And Adelaide |
| Fireplace/Stove | :No |
21 Feb, 2024
TREB #E8083160
Available
$4500000.0
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137 Simcoe St N is an ideal solution for individuals, business owners and entrepreneurs seeking commercial space tailored to their specific requirements. Corporates, small business owners and individuals alike will appreciate this 137 Simcoe St N with a highly strategic location at the L1G 4S6 in Ontario. Working out of this spacious commercial property in Canada will ensure higher productivity, greater wellbeing of employees/workers and highly convenient access points all around.
137 Simcoe St N offers approx. square footage with ample provisions for quality infrastructure and amenities for the workplace. Check the E8083160 carefully along with the project before checking out how it compares to similar Commercial situated nearby. Enjoy the benefits of reasonable 28061.87 and an attractive 4,500,000 while getting several vibrant O'Neill benefits at the same time.
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