Unknown Address ,

$1,250,000

Investor Opportunity in the Heart of Downtown Oshawa! Prime mixed-use 2-storey building featuring a well-established restaurant tenant on the main level, providing stable commercial income, plus a spacious 3-bedroom residential unit above with a separate private entrance. Located in a high-traffic downtown corridor near Ontario Tech University and surrounded by amenities, transit, shops, and ongoing residential developments. The property offers multiple on-site parking spaces, valuable rear lane access, and excellent exposure. An exceptional opportunity for investors, owner-operators, or developers seeking strong income potential and future upside. Situated in an area experiencing continued growth and redevelopment, this property offers significant long-term value and redevelopment potential. Buyers and their agents are responsible for verifying all measurements and taxes. Highlights: Mixed-use commercial/residential building Established restaurant tenant on main floor Spacious 3-bedroom residential unit with separate entrance Multiple on-site parking spaces Prime downtown Oshawa location Close to university, transit, shopping, and amenities Strong income potential Future redevelopment opportunities Future Development Potential: Property is zoned CBD-A.T25, permitting a broad range of commercial, residential, and mixed-use development opportunities within Oshawa's downtown core. Discussions with the City of Oshawa Planning Department indicate the current zoning allows for significant intensification potential, making this property attractive to investors, developers, and land bankers seeking long-term growth. Located in a rapidly evolving downtown area near Ontario Tech University, the site benefits from strong demand drivers, revitalization efforts, and future development prospects. (id:49269)

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https://www.realtor.ca/real-estate/29864169/oshawa-oneill