247 Simcoe Street, Oshawa, ON
Property Highlights
Welcome to this remarkable office located in the coveted neighborhood of O'Neill. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $7,195,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient underground garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Rare Medical User/Investment Opportunity. Approx 15,000 SF -three-storey medical office building featuring a strong, established tenant mix with stable in-place income and immediate owner-occupier potential. Approximately 4, 608 SF of ground floor medical space available-ideal for end-users seeking turnkey space or investors looking for meaningful lease upside and value enhancement. Unmatched exposure at the signalized intersection of Simcoe St N &Adelaide Ave E (40, 000+ vehicles daily), directly across from Lakeridge Hoalth Hospital-anchoring the property within a highly sought-after and supply-constrained healthcare node. Strategically located minutes from Ontario Tech University, major retail amenities, and the Oshawa GO Station, providing excellent connectivity to the broader GTA via key commuter routes. Significant recent capital improvements completed, minimizing near-term capital requirements and supporting long-term ownership stability. Vendor willing to provide a substantial Vendor Take-Back (VTB)mortgage, offering attractive financing flexibility for qualified buyers.
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Property Summary
This office located at 247 Simcoe Street, Oshawa is currently for sale and has been available on SousaSells for 58 days. This property is listed at $7,195,000 with an estimated mortgage of $23,949* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 247 Simcoe Street, Oshawa is in the O'Neill neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in O'Neill, Oshawa.
- •Desirable Office architecture in O'Neill, Oshawa
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
- No
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Frequently Asked Questions about 247 Simcoe Street, Oshawa, ON
Q.What is the asking price for 247 Simcoe Street, Oshawa, ON ?
The current listing price for 247 Simcoe Street, Oshawa, ON in O'Neill, Oshawa is $7,195,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 247 Simcoe Street, Oshawa, ON ?
247 Simcoe Street, Oshawa, ON is a Office () featuring a basement.
Q.What security features are installed at 247 Simcoe Street, Oshawa, ON ?
Security features include: No.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
O'Neill, Oshawa
36 assaults (45.0/100k)
16 B&E (40.0/100k)
23 thefts (45.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 247 Simcoe Street N, Oshawa, ON L1G 4T5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Oshawa, ON
For a property listed at $7,195,000 in Oshawa, the legal minimum down payment is $1,439,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $166,350 for this transaction. As this listing is in Oshawa (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $166,350.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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