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76-78 Simcoe St N 2,450 SF 100% Leased Retail Building Oshawa, ON L1G 4S2 $622,379 USD ($254.03 USD/SF) 4.77% Cap Rate


Investment Highlights
- Prime mixed-use building with retail and residential income.
- Three one-bedroom apartments above retail space.
- Immediate possession available with no HST on sale price.
- Flexible commercial layout with full basement for storage.
- High-visibility location near transit and major highways.
- Strong investment potential in Oshawa’s growing core.
Executive Summary
Positioned in the heart of Oshawa’s vibrant O’Neill neighborhood, 78 Simcoe Street North presents a rare opportunity to acquire a fully integrated mixed-use property with both commercial and residential income streams. The ground floor features a spacious retail unit currently operating as a fur business, offering a flexible open layout ideal for a wide range of uses including boutique retail, professional office, service-based operations, or hospitality concepts. A full basement adds valuable storage and operational space, enhancing the functionality for any business.
Above the commercial space are three well-appointed one-bedroom apartments, each contributing steady rental income and offering the potential for a live-work arrangement. This dual-purpose configuration makes the property especially attractive to owner-operators, investors, or entrepreneurs seeking to capitalize on Oshawa’s growing market and increasing foot traffic.
Situated on a 19 x 70.35 ft lot with frontage along Simcoe Street North near Richmond Street East, the property benefits from excellent visibility, proximity to major highways and public transit, and a walkable urban setting. With municipal services, gas forced air heating, and no HST applicable to the sale price, this asset is ready for immediate occupancy and long-term value creation.
Above the commercial space are three well-appointed one-bedroom apartments, each contributing steady rental income and offering the potential for a live-work arrangement. This dual-purpose configuration makes the property especially attractive to owner-operators, investors, or entrepreneurs seeking to capitalize on Oshawa’s growing market and increasing foot traffic.
Situated on a 19 x 70.35 ft lot with frontage along Simcoe Street North near Richmond Street East, the property benefits from excellent visibility, proximity to major highways and public transit, and a walkable urban setting. With municipal services, gas forced air heating, and no HST applicable to the sale price, this asset is ready for immediate occupancy and long-term value creation.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
2,450 SF
Building Class
C
Year Built
1925
Price
$622,379 USD
Price Per SF
$254.03 USD
Cap Rate
4.77%
NOI
$29,656 USD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.84
Lot Size
0.03 AC
Parking
2 Spaces (0.82 Spaces per 1,000 SF Leased)
Frontage
41’ on Simcoe St
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (82)
Nearby Major Retailers
1 of 3
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76-78 Simcoe St N
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