137 Simcoe Street

Oshawa, ON

0.67 sqft
Land
163 days on market

Attention Developers & Condo Builders. 0.67 Acre Building Site Assembled In Downtown Oshawa with Simcoe St N Frontage. Lots of opportunity, could be rental housing, condo or retirement home. Incredible location within walking distance to Lakeridge Regional Health Centre, Ontario Tech Downtown Campus, Oshawa Golf & Curling Club, Regional Court House, Tribute Communities Centre & All That the revitalized downtown has to offer. NO DEVELOPMENT CHARGES IN DOWNTOWN OSHAWA FOR APARTMENT RENTAL HOUSING. ZONING IS IN PLACE!! This site potentially can build 271 unit apartment building. Zoning allows 1000 units per hectare. Potential building height can be about 74 meters, equal 22-24 stores building. Land owner has working relationships with CMHC mortgage broker, can help arrange up to 95% financing/construction loan for apartment building. Land owner also can provide introduction to bonded builder. Downtown Oshawa Urban Growth Centre identified in the Provincial Growth Plan for the Greater Golden Horseshoe. Site consists of Five properties, 137 and 141 Simcoe St N, 10 Colborne, 14 Colborne & 20 Colborne. Good income stream while developing, Current Gross Income For Four Properties and 11 apartments is $163,200 annually with an NOI of approximately $118,000. Phase 1 ESA and Stage 1 Archeological Study Complete. **EXTRAS** Location of this property could not be better with transit and proximity to hospital. The time could not be better to acquire and develop in Downtown Oshawa. Good rental income in place while development application is in process.

Listing Details

Taxes (2025): $24,200
Listed: March 24, 2026

Price History

Listing history

Utilities

Sewer: Sanitary+Storm

Location & Legal

Cross Street: Simcoe St N and Adelaide
Zoning: PSC-B
Parcel Number: 163160310
Possession: Flexible
Occupancy: Tenant

Commercial

Business Type: Residential

Community

Postal area L1G

Population: 43,497
Private dwellings: 19,291
Median age: 43.2
Average household size: 2.3
Median household income: $75,500

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Oshawa · last 12 months

Median sold price: $681,000
Homes sold: 1,927
Median days on market: 19
Sale-to-list price: 99.7%

Based on 1,927 recorded sales of commercial properties in Oshawa over the last 12 months.

Listed by

RE/MAX JAZZ INC.

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Annual property tax: $24,200

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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