853 Simcoe ST S new

Oshawa,ON L1H 4K8

$ 899888

- Bed

3 Baths

9978 SqFt


Key Details

Property Type Commercial

Sub Type Commercial Retail

Listing Status Active

Purchase Type For Sale

Square Footage 9,978 sqft

Price per Sqft $90

Subdivision Lakeview

MLS Listing ID E12190445

Building Age 100+

Annual Tax Amount $4,996

Tax Year 2024

Property Sub-Type Commercial Retail

Property Description

Top 5 Reasons You Will Love this Property: 1) Excellent Investment Opportunity Potential to Earn 8.8%-9.4% Cap!! 2) Many Permitted Uses Residential, Automotive, Office, Day Care, Long Term Care, Personal Service Establishment, Funeral Home Plus Many Many More!! 3) Situated on a Premium Spacious Double Lot 88.88 Feet Frontage & 112.32 Feet Deep with Large Driveway and a Curb Cut for a 2nd Optional Driveway, an Incredible Backyard with Potential to Build a Backyard Home, Garden-Home, Guest- House allowing for More Income!! 4) 5 Bedrooms, 3 Bathrooms , 2 Kitchens, with a Separate Entrance to an Unspoiled 7 Foot High Basement allowing for more Additional Rental Income Potential. 5) Minutes from Hwy 401, Go Train, Lake Ontario, and Transit. Many Permitted Uses See Attach, increment Zoned PSC-A Under Zoning By-Law 60-94. This Property Awaits the Ambitious Buyer With Great Wisdom & Vision That Can Forsee And Forecast The Full Potential Opportunity! WOW WHY TRAVEL? Rare Live & Work at Home Opportunity in Sought After Lakeview Community of Oshawa. Excellent Potential for the Ambitious Entrepreneur! This 1 1/2 Storey Offers Great Rental Income Potential Featuring 5 Bedrooms, 3 Full Bathrooms, and 2 Kitchens, with Ceilings mostly 9'10" high in most areas and a Full Basement with Ceilings 7' high with a Separate Entrance. Minutes from Hwy 401, Go Train, Transit, Shopping. Curb Cut for 2nd. Optional Driveway. Many Permitted Uses See Attachment Zoned PSC-A Under Zoning By-Law 60-94. This Property Awaits the Ambitious Buyer With Great Wisdom & Vision That Can For see And Forecast The Full Potential Opportunity!

Location

Province ON

County Durham

Community Lakeview

Area Durham

Zoning PSC-A

Interior

Cooling No

Inclusions Stainless Steel Fridge-Stove (21), Clothes Washer & Dryer (21), Furnace & Shingles (21), 200 Amp Electrical Panel With 3 Sub-Panels, 3 Electric HWT (Owned), Windows-Attic Insulation-Eaves-Soffits-Faccia-Downspouts (2010), GB&E (Furnace Owned), ELFS, Window Coverings.

Exterior

Parking Features Outside/Surface

Community Features Major Highway,Public Transit

Utilities Available Yes

Building

Lot Description Lot

Others

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