High-Yield Investment Opportunity in the Heart of Downtown Oshawa's Urban Growth Centre! in the middle of 4 new high-rise developments. This fully stabilized mixed-use property offers immediate, turn-key cash flow with a gross monthly income of $8,000 ($96,000 annually). The ground floor features a high-performance, stable cannabis retail anchor. The upper levels have been meticulously renovated and are 100% leased, featuring two premium 2-bedroom suites and one modern 1-bedroom unit
- MLS®#:
- E13027966
- Property Type:
- Store W Apt/Office
- Property Style:
- Area:
- Durham
- Community:
- Central
- Taxes:
- $9,800 / 2025
- Added:
- April 18 2026
- Lot Frontage:
- 30
- Lot Depth:
- 57
- Status:
- Active
- Outside:
- Year Built:
- 51-99
- Brokerage:
- HOMELIFE LANDMARK REALTY INC.
- Lot :
-
57
30
- Intersection:
- Simcoe / King
- Rooms:
- Bedrooms:
- Bathrooms:
- Fireplace:
- Utilities
- Water:
- Municipal
- Cooling:
- Yes
- Heating Type:
- Gas Forced Air Open
- Heating Fuel:
Listing Details
Insights
- Strong Cash Flow: This property generates a gross monthly income of $8,000, translating to an annual income of $96,000, providing immediate cash flow for investors.
- Prime Location: Situated in Downtown Oshawa's Urban Growth Centre, the property is surrounded by four new high-rise developments, indicating potential for future appreciation and increased demand.
- Fully Leased and Renovated: The upper levels consist of two premium 2-bedroom suites and one modern 1-bedroom unit, all 100% leased, ensuring stability and reduced vacancy risk for the investor.
Neighborhood Overview
Complete neighborhood profile for 12 Simcoe Street S
Central home prices
Average sold price for Detached, Semi-Detached, Condo, Townhomes in Central
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)
