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!
Address
853 Simcoe Street S
List Price
$899,888
Property Type
Commercial
Type of Dwelling
Commercial Retail
Area
Oshawa
Sub-Area
Lakeview
County
Durham
Bathrooms
3
Lot Depth
112.32
Lot Type
Lot
Lot Size Units
Feet
Lot Width
88.88
Approx. Age
100+ Years
MLS® Number
E11975126
Listing Brokerage
EXP REALTY
Postal Code
L1H 4K8
Tax Amount
$4,996.78
Tax Year
2024
Heat Type
Gas Forced Air Closed
Cooling Features
No
Garage Type
None
Security Features
No
Sewer
Sanitary+Storm
