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$1,249,900
Price drop by $150,000Status: For Sale
Exceptional investment opportunity to own a commercial free-standing building in downtown Oshawa, featuring a well-known and established restaurant on the main floor and a 3-bedroom apartment on the second floor. This property is strategically located next to a major high-rise condo development plan approved by the City, with neighbouring properties, including this one, poised for future high-rise development potential. Join this multi-million-dollar redevelopment opportunity while earning rental income from the restaurant and apartment. Adding to its appeal, signage on the roof generate an additional $6,000 in annual revenue, further enhancing the property earning potential. Additionally, the restaurant business is available for sale by the owner.
| Property Type | :Commercial |
|---|---|
| MLS Number | :E11883304 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :16 Mar, 2025 (5 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Durham |
|---|---|
| Postal Code | :
L1H 1A6
|
| Price | : $1,249,900 |
|---|---|
| Property Taxes | :$10800.0 |
| Tax Year | :2023 |
|---|
| Air Conditioning | :Yes |
|---|---|
| Heating | :Gas Forced Air Open |
| Cross Street | :King St West/ McMillian Drive |
16 Mar, 2025
TREB #E11883304
Price Change
$1,249,900
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$1,249,900
84 King Street W, Durham, ON
Listing ID #E11883304
Price drop by $150,000