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$1,099,000
Est. payment /mo
3 Baths
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision O'Neill
MLS Listing ID E12609322
Annual Tax Amount $11,697
Tax Year 2024
Property Sub-Type Commercial Retail
Property Description
This is a rare opportunity to acquire a fully operational, income-generating commercial asset in downtown Oshawa-complete with both the property and the established restaurant business. The offering includes a free-standing commercial building featuring a successful long-term restaurant on the main floor, a city-approved seasonal patio, and a spacious 3-bedroom apartment above, delivering strong dual rental income. Situated directly beside a major city-approved high-rise development, this property sits in one of Oshawa's most promising redevelopment corridors, offering significant long-term upside. In addition to steady rental revenue and $6,000 per year from rooftop signage, the purchase of the business provides immediate cash flow, brand continuity, and a turnkey operational model. This is an ideal investment for buyers seeking a stable income stream today with exceptional appreciation potential tomorrow-secure the property and the business together for maximum value and future growth.
Location
State ON
County Durham
Area Durham
Interior
Cooling Partial
Exterior
Utilities Available Yes
Lot Frontage 20.0
Lot Depth 166.0
Others
Security Features Partial
ParcelsYN No
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Listed by RE/MAX REALTY SERVICES INC.
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