Oshawa, ON L1H 4B9,394 Centre ST S
Oshawa, ON L1H 4B9,394 Centre ST S
Oshawa, ON L1H 4B9,394 Centre ST S
Oshawa, ON L1H 4B9,394 Centre ST S
Oshawa, ON L1H 4B9,394 Centre ST S
Oshawa, ON L1H 4B9,394 Centre ST S
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$ 1,049,990
Est. payment | /mo

3 Beds

6 Baths


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$ 1,049,990
Est. payment | /mo
Save

3 Beds

6 Baths

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

Province ON

County Durham

Community Central

Area Durham

Zoning R3-A/R5-B/R7-A

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 5

Interior

Interior Features Storage, Water Heater Owned

Cooling Window Unit(s)

Inclusions 5 Fridges, 5 Stoves, 1 Washer, 1 Dryer

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 52.75

Lot Depth 82.0

Total Parking Spaces 4

Building

Foundation Stone

Others

Senior Community No

Security Features Smoke Detector

ParcelsYN No

Listed by LAND & GATE REAL ESTATE INC.

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394 Centre ST S