7 E SIMCOE Street S
7 E SIMCOE Street S
$849,000
$377/sq ft · 40 days on market
About This Listing
Why rent? Run business in your own property while living upstairs! Commercial zoning permits many uses, Currently equipped as a Restaurant waiting for new owner/chef. Bring your Skills and Creativity to enhance your business in this high traffic and spacious location. All new Leasehold improvements done in 2022/2024. New 8' exhaust hood & fan, Fire Suppression system, Fryer, Walk-in-cooler, chest freezer, prep tables, three compartment sink with grease trap, basement fire-proofed. 2 new Washrooms-one accessible. New Furnace & HWT, Chairs, Tables, Front Counter, Cold units, Beverage coolers. Two Bedroom apartment on the second floor with spacious living/dining, kitchen, bathroom, patio is perfect for owner's use or extra rental income. Growing downtown Oshawa has multiple projects coming up including 90 unit luxury condo building, 119 unit Rental and Medallion project to bring 500 unit rental buildings in walking distance Tribute Centre and UOIT campus nearby. Busy Simcoe and King has great exposure. Multiple options for mixed use of this property. Don't miss out on this rare opportunity ! Commercial zoning allows multiple uses.
| Monthly Mortgage (P&I) | $3,699 |
| Property Tax (MLS) | $913 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $4,612 |
Down payment: $169,800 (20.0%) · Mortgage: $679,200
Property tax uses MLS annual tax of $10,950/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RIGHT AT HOME REALTY
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Data last updated: August 23, 2026 at 04:25 a.m.