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$ 1,049,990
Est. payment /mo
New
394 Centre ST S Oshawa, ON L1H 4B9
3 Beds
6 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Central
MLS Listing ID E12398835
Style 2 1/2 Storey
Bedrooms 3
Building Age 100+
Annual Tax Amount $5,076
Tax Year 2025
Property Sub-Type Multiplex
Property Description
Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Sixplex, The Building Is Currently Operating With Five Fully Tenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units (Buyer To Verify; Subject To Approvals). Set On A Quiet, Established Street With Quick Access To Downtown Amenities, Parks, Transit, The GO, And Hwy 401.Self-Contained Apartments Offer Practical Layouts And Good Natural Light; Common Areas Present Well. Laundry Is Located In The Basement, With Opportunity To Convert To A Coin-Operated System For Additional Income. The Rectangular Lot And Flexible Multi-Residential Zoning Support Long-Term Hold Strategies And Value-Add Plans. Stable In-Place Income With Clear Upside As Suites Turn And Rents Align With Area Averages.Estimated Cap. Rate ~6% Based On Current Income/Expenses; Financial Package, Rent Roll, And Floor Plans Available. Ideal Turnkey Addition To An Existing Portfolio Or A Smart First Multi-Family Step. 48 Hours Notice Required For Showings. Please Respect Residents. Showings By Appointment Only.
Location
State ON
County Durham
Community Central
Area Durham
Rooms
Family Room No
Basement Full, Unfinished
Kitchen 5
Interior
Interior Features Storage, Water Heater Owned
Cooling Window Unit(s)
Fireplace No
Heat Source Gas
Exterior
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Lot Frontage 52.75
Lot Depth 82.0
Total Parking Spaces 4
Building
Unit Features Cul de Sac/Dead End,School Bus Route,Public Transit
Foundation Stone
Others
Security Features Smoke Detector
ParcelsYN No
Listed by LAND & GATE REAL ESTATE INC.
