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$2,600,000
Available - For Sale
Listing ID: E13123980
Welcome To Your Next Great Investment Opportunity. This Turn Key Investment Property Cash Flows From Day 1. Located In Downtown Oshawa, On Bus Route, Close To College Campuses, Great Restaurants And Shopping. This Property Consists Of 2 Great Commercial Tenants With Approximately 3400 Sq Ft Combined Plus An Additional 8 Apartments. The Five 2 Bedroom And Three 1 Bedroom Apartments Have Mostly Been Updated Over The Last 5-10 Years. The $154,000 Net Income After All Expenses And Maintenance That This Property Brings In Represents An Impressive 6 Cap Rate With Some Room For Improvement Down The Road. Whether You Are Looking For Your First Investment Or Wanting To Add Another Property To Your Portfolio. This Property Is For You.
Price $2,600,000
Taxes: $23,727
Tax Type: Annual
Occupancy by: Tenant
Address: 8-10 Simcoe Street North , Oshawa, L1G 4R8, Durham
Postal Code: L1G 4R8
Province/State: Durham
Legal Description: PT LT 1 N/S KING ST PL H50002 OSHAWA AS
Directions/Cross Streets: Simcoe St Between King St E and Bond St E
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Multi-Use
Building Percentage: F
Total Area: 10,000
Total Area Code:  Square Feet
Office/Appartment Area: 6600
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Maintenance: 0
Sprinklers: No
Heat Type: Baseboard
Central Air Conditioning: Partial
Sewers: Sanitary+Storm
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
DAN PLOWMAN TEAM REALTY INC.

8-10 Simcoe Street North , Oshawa, L1G 4R8, Durham

Personal Picture
Paulette Zander
Sales Representatives
Dir:
416-456-7481
Bus:
416-203-6636
Fax:
416-203-1908

 
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At a Glance:
Type: Com - Commercial Retail
Area: Durham
Municipality: Oshawa
Neighbourhood: O'Neill
Style:
Lot Size: x 52.58(Feet)
Approximate Age:
Tax: $23,727
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Paulette Zander Sales Representatives pic pzander@rogers.com Remax Condos Plus Corp., Brokerage Independently owned and operated. pic 45 Harbour Square, Toronto, Ontario M5J 2G4 pic Cell: 416-456-7481 | Office: 416-203-6636 | Fax: 416-203-1908