853 Simcoe Street South, Oshawa (Lakeview), L1H4K8

Home Overview

Description

Top 5 Reasons You Will Love this Property: 1) Excellent Investment Opportunity, Potential to Earn 7%-9% Cap! 2) Many Permitted Uses: Residential, Automotive, Office, Day Care, Long Term Care, Personal Service Establishment, Funeral Home, With a Drive Thru Window, Plus Many Many More See Attached Zoning & Uses 3) Situated 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 Foresee 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 Forsee And Forecast The Full Potential Opportunity **Not Heritage Designation Home!!!! (id:39198)

5 days

On Market

Single Family

Property Type

$4,997 / Year

Est. Taxes

House

Style

-

Garage

Unfinished, Separate entrance, N/A

Basement

Location & Areas