394 Centre St S, Oshawa, Ontario

Multi-Family for Sale in Oshawa

394 Centre St S, Oshawa, ON

  • CA$1,019,000
  • 3 BEDS
  • 6 BATHS
  • 4,325.50 sq.ft. Land
  • CA$1,019,000

Multi-Family for Sale in Oshawa

394 Centre St S, Oshawa, ON

  • CA$1,019,000
  • 3 BEDS
  • 6 BATHS
  • 4,325.50 sq.ft. Land
  • CA$1,019,000

Key Facts

  • MLS® #: E12920964
  • Property ID: SIRC3204691
  • Property Type: Residential, Multiplex
  • Lot Size: 4,325.50 sq.ft.
  • Bedrooms: 3
  • Bathrooms: 6
  • Parking Spaces: 4
  • Listed By:
  • ROYAL HERITAGE REALTY LTD.

Property Description

Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Sixplex, The Building Is Currently Operating With Five FullyTenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units (Buyer To Verify; Subject ToApprovals). Set On A Quiet, Established Street With Quick Access To Downtown Amenities, Parks, Transit, The GO, And Hwy 401.Self-ContainedApartments Offer Practical Layouts And Good Natural Light; Common Areas Present Well. Laundry Is Located In The Basement, WithOpportunity To Convert To A Coin-Operated System For Additional Income. The Rectangular Lot And Flexible Multi-Residential Zoning SupportLong-Term Hold Strategies And Value-Add Plans. Stable In-Place Income With Clear Upside As Suites Turn And Rents Align With AreaAverages.Estimated Cap. Rate ~6% Based On Current Income/Expenses; Financial Package, Rent Roll, And Floor Plans Available. Ideal TurnkeyAddition To An Existing Portfolio Or A Smart First Multi-Family Step. 48 Hours Notice Required For Showings. Please Respect Residents.Showings By Appointment Only.

Rooms

  • TypeLevelDimensionsFlooring
  • Bedroom2nd floor22' 11.5" x 19' 8.2"Other

Listing Agents

ROYAL HERITAGE REALTY LTD.

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Location

394 Centre St S, Oshawa, Ontario, L1H 4B9 Canada

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