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.
Details
E12920964
4
$1,019,000
Tenant
None
5 + 5
2 1/2 Storey
3
6
2000-2500 Sqft
4325.5 SquareFeet
N/A
Multiplex
Sale
Additional details
Forced Air / Gas
R3-A/R5-B/R7-A
$5076
2025
PT LT 41 PL 48 OSHAWA AS IN D78558; OSHAWA
N/A
N
4325.5
Full,Unfinished
Window Unit(s)
Cul de Sac/Dead End,Public Transit,School Bus Route
Municipal
Rooms
Bedroom
Second Level
7 x 6
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FAQ
What is the total square footage of the E12920964 - 394 Centre Street S, Oshawa, ON L1H 4B9?
The total square footage of this property is 2000-2500 SqFt.
What schools near to E12920964 - 394 Centre Street S, Oshawa, ON L1H 4B9?