552 Bloor Street East, Oshawa (Lakeview), Ontario, L1H3N2
This retail property in Oshawa is for sale offering roughly 2,782 sq ft of space. It has been on the market 0 days, fresher than the Oshawa average of 44 days.
Excellent opportunity to own a versatile automotive commercial property in a highly visible Oshawa location at Bloor St. E. and Wilson Rd., with convenient access to Highway 401 and the surrounding Durham Region market. Currently operating as both an automotive repair facility and used car lot, the property offers a functional layout with service/work areas, office and customer reception space, plus parking for approximately 16 vehicles.The sale is for the real estate only. The existing business is not included, however much of the automotive equipment may be available to remain with the property, creating an excellent opportunity for a buyer looking to continue a similar use.Adding further value is a newly updated, self-contained two-bedroom apartment that is currently rented, providing an existing residential income stream. The property's R6-C/SSC-B zoning also provides additional residential use opportunities, offering flexibility beyond its current commercial operation.A unique opportunity for automotive operators, investors or business owners looking to own their premises while benefiting from supplementary rental income, automotive functionality and flexible zoning. Buyers to satisfy themselves regarding permitted uses, zoning, equipment included and financing. (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 0 days on market, against an average age of 44 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 29 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This retail in Oshawa (Lakeview) has been listed for 0 days, which is 44 days fresher than the city average of 44. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $999,000, about 13.6× the local median household income of $73,500.
Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 165% above the area median.
Source: Statistics Canada, 2021 Census (FSA L1H)
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