451 Simcoe Street, Oshawa (Central) - Multi-family for Sale

Description

Exceptional Investment Opportunity In The Heart Of Central Oshawa! With Major Renovations In2026, This Mixed-Use Building Features 17 Total Units, Including 15 Residential Suites And 2Ground-Floor Retail Units. The Residential Mix Includes 2 Bachelor, 10 One-Bedroom, And 3Two-Bedroom Suites. Situated On A 0.32-Acre Lot With 22 On-Site Parking Spaces, The Property Is Zoned PSC-A And Located Within Oshawa's Central Planning Framework And PMTSA, Offering Excellent Long-Term Redevelopment Potential. Extensive Renovations Include New Plumbing, Electrical, HVAC, Framing, And Major Building Improvements, With The Remaining Interior Build-Out Nearing Completion. Seven Residential Units Are Already Leased, While The Remaining Residential And Two New Retail Units Offer Significant Upside Upon Completion. A Rare Opportunity To Acquire A Modernized, Income-Producing Mixed-Use Asset In A Rapidly Growing Urban Corridor. (id:66096)

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