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$ 1,125,000
Est. payment | /mo
$ 1,125,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Central
MLS Listing ID E12483326
Annual Tax Amount $14,327
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
Prime downtown Oshawa investment property featuring a newly renovated commercial building. Located in the heart of the city's revitalized core, surrounded by offices, theatres, and major new residential developments. Steps from the Tribute Communities Centre and near the future GO Station expansion. Features a large commercial kitchen and licensed patio with a total seating capacity of 199 - a strong draw for quality tenants. Currently generating a 5.5% cap rate with stable income. Future rezoning potential adds additional upside. Excellent opportunity in one of Durham's fastest growing downtown corridors.
Location
Province ON
County Durham
Community Central
Area Durham
Interior
Cooling Yes
Exterior
Community Features Major Highway, Public Transit
Utilities Available Yes
Lot Frontage 40.0
Lot Depth 99.0
Others
Security Features No
ParcelsYN No
Listed by KELLER WILLIAMS ENERGY REAL ESTATE