Rare downtown Oshawa mixed-use value-add opportunity on high-visibility Simcoe St N. Partially Vacant commercial/residential building with main-floor commercial space, full basement providing valuable storage and operational space, and three legal bachelor apartments above. Each bachelor has its own kitchen and bathroom, and residential units are separately metered. Located within Oshawa's downtown Urban Growth Centre, where City Community Improvement Plan incentives may be available for eligible improvements, subject to City approval and buyer verification. Property requires some work, including roof replacement and interior updating, and is priced accordingly. Seller may consider VTB financing for qualified buyers with minimum 25% down payment. Ideal for investors, contractors, owner-users, or buyers looking to renovate, lease, and stabilize a downtown mixed-use asset. Buyer to verify zoning, permitted uses, retrofit/fire compliance, grant eligibility, rents, expenses, financing, HST, and future income potential. (id:49269)
| MLS® Number | E13417856 |
| Property Type | Retail |
| Community Name | O'Neill |
| Amenities Near By | Highway, Public Transit |
| Equipment Type | Water Heater |
| Farm Type | Other |
| Parking Space Total | 1 |
| Rental Equipment Type | Water Heater |
| Bathroom Total | 4 |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air, Radiant Heat |
| Size Interior | 2,636 Sqft |
| Utility Water | Municipal Water |
| Acreage | Yes |
| Land Amenities | Highway, Public Transit |
| Size Depth | 70 Ft |
| Size Frontage | 19 Ft |
| Size Irregular | 2636 |
| Size Total | 2636 Ac |
| Size Total Text | 2636 Ac |
| Zoning Description | Cbd-a / Ugc-a Mixed-use Comm/res Buyer To Verify |
https://www.realtor.ca/real-estate/29873954/76-78-78-simcoe-street-n-oshawa-oneill-oneill
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