WELCOME TO 89bond
Welcome to 89 bond street west in the city of Oshawa . Located in the high traffic downtown core this highly visible location allows you to live and operate a business. Currently used as a business office and located on a high traffic street with ample parking nearby. Whether you want to purchase this property as an investor or operate a business while living on site to save that extra mortgage payment this property can work for you !
Some highlights for the property:
Zoning: the downtown commercial zoning allows for a very robust selection of business types and uses . The property itself can be used for res/ commercial purposes . This zoning has no lot coverage minimums for someone that may want to erect a new building on this site in the future . The downtown core has certain parking exemptions allowing for more to be done with less land on this lot type .
Taxes :
The property is located in a commercial zone and subject to those taxes . However a residential use can be used to split the taxation between Comm/ res rates depending on occupancy .
Structural:
despite being an older building the structure has updated windows , roof , furnace and has generally been maintenance free . Updated decor throughout the property makes this unit move in ready ! If not for your use , seller is willing to consider working with you prior to closing to get it where you need to be .
Financing:
if the property is to be considered owner occupied for a residential purpose it is generally considered easier to finance from a lenders point of view . However , the seller is also open to the idea of a mutually beneficial "private" mortgage to a suitable purchaser . For an investor , the owner is willing to stay on a short term lease in order to help transition into your purchase.
In short , this property can advance your dreams of being an owner operator of your own business . Alternatively it can be a healthy addition to your investment portfolio .
Call us today for more information!