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Key Facts
Key facts for 853 Simcoe Street S
Property Type
Commercial
Parking
Outside/Surface
MLS #
E12190445
Size
-
Basement
-
Listed on
2025-06-02
Lot size
89 x 112.32
Tax
$4,996.78 /yr
Days on Market
78
Approximate Age
100+
Maintenance Fee
-
Description
Not Heritage Designation!!! 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) Situat...ed 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! WOW WHY TRAVEL? Rare Live & Work at Home Opportunity in Sought After Lakeview Community of Oshawa. Excellent Potential for the Ambitious Entrepreneur! This 1 1/2 Storey Offers Great Rental Income Potential Featuring 5 Bedrooms, 3 Full Bathrooms, and 2 Kitchens, with Ceilings mostly 9'10" high in most areas and a Full Basement with Ceilings 7' high with a Separate Entrance. Minutes from Hwy 401, Go Train, Transit, Shopping. Curb Cut for 2nd. Optional Driveway. Many Permitted Uses See Attachment Zoned PSC-A Under Zoning By-Law 60-94. This Property Awaits the Ambitious Buyer With Great Wisdom & Vision That Can For see And Forecast The Full Potential Opportunity!
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