247 Simcoe Street
Oshawa, ON
- 14,817 sqft
- Office
- 58 days on market
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.
Listing Details
- Taxes (2025)
- $93,173
- Listed
- July 13, 2026
Price History
Listing history
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Parking
- Garage
- Underground
Location & Legal
- Cross Street
- Simcoe St N & Adelaide Ave E
- Zoning
- office
- Possession
- Immediate
- Occupancy
- Vacant
Commercial
- Business Type
- Medical/Dental
- Office / Apartment Area
- 14817 Sq Ft
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
- $680,000
- Homes sold
- 1,904
- Median days on market
- 19
- Sale-to-list price
- 99.7%
Based on 1,904 recorded sales of commercial properties in Oshawa over the last 12 months.
Listed by
CBRE LIMITED
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 14,817 sq ft
- Price per sq ft
- $485.59
- Annual property tax
- $93,173
- Tax per sq ft
- $6.29
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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