76-78 Simcoe St N 2,450 SF Vacant Retail Building Oshawa, ON L1G 4S2 $899,000 CAD ($366.94 CAD/SF) 4.50% Cap Rate

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.