$1,000,000
6.88 BTC
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Map
370 Simcoe Street, Oshawa
$1,000,000
PRICE
6 + 1
BEDROOMS
5
BATHROOMS
E12077213
MLSID

370 Simcoe Street, Oshawa

Rare opportunity to own a fully renovated home with 3 self contained units in downtown Oshawa. This stunning Century Home has been updated throughout with new hardwood flrs, new roof, 5 baths, 3 kitchens, and modern systemsideal for multi-family living, biz use, or as a high-potential Income Property. Zoned PSCA, this property supports a wide range of multi-residential and commercial/industrial uses including but not limited to automotive, educational, medical and retail. Currently tenanted with 3 income streams generating approx. $7,500/mo (tenants can stay or vacate by summer). Grandfathered-in neon sign included and may be digitizedgreat visibility on one of Oshawas busiest streets! 10-car prkg onsite. Located steps from transitGO Bus & Pulse at the doorand minutes to the new GO Station, Hwy 401 & 407, Ontario Tech U, Durham College, and 2 Costco locations. Surrounded by new development and downtown renewal, offering huge upside. Property is financed residential by current owner with possibility of a low rate assumption by qualified buyer. VTB available. Builders and developers are encouraged to entertain land assemblies with neighbours who may be open to selling. Otherwise, perfect for investors looking to make an office on the main floor and residential above while holding for higher development values. This could be the anchor property in your portfolio! Don't miss the chance to potentially buy into future leverage! Live, work, or invest in this highly visible, turn-key property in the heart of Oshawas growth corridor. A rare find that combines history, flexibility, and income potential.
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Sold History

SOLD
8 July 2020
$615,000

Summary

Address
370 Simcoe Street
City
Community
MLSID
E12077213
Property Type
Detached
Property Category
Bedrooms
6 + 1
Bathrooms
5
Kitchens
2 + 1
Zoning
PSC-A - Planned Strip Commercial Zone A
Taxes (Annual)
$6,554.29
Tax Year
2024
Published
April 11, 2025
Days on Market
74 Days
Possession Type
Flexible
Possession Details
June/July/August
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Details

Parking Spaces
10
Parking Total
10
Parking Features
Private
Architectural Style
2 1/2 Storey
Lot Size
0 Acres
Lot Width
60 Feet
Lot Depth
164 Feet
Water
Municipal
Heat Source
Electric
Heat Type
Baseboard
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with THE REALTY MARKET INC
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