$1,100,000
12 SIMCOE STREET S
Beds
—
Baths
—
Sqft
3,100
Year
—
Type
Retail
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Oshawa (Central). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
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. (id:65958)
- Subtype
- Retail
- Structure
- Residential Commercial Mix
- Community
- Central
- Living area
- 3,100 square feet
- Lot dimensions
- Bldg=30 x 57 FT
- On market
- Apr 22, 2026
- Status changed
- Apr 22, 2026
- Annual tax
- $9,800
- Zoning
- Commercial
- Photos
- 4
- MLS#
- E13027966
- Area
- OSHAWA_(CENTRAL)
Features and systems
Heating
Cooling
Cash on cash
-6.51%
Cap rate
3.56%
GRM
16.7
Break-even rent
$6,756
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.