394 CENTRE STREET S
Oshawa (Central), Ontario
MLS® E13493858
$949,900
- Status
- Active
- Property type
- Multi-family
- MLS® number
- E13493858
- Bedrooms
- 3
- Bathrooms
- 6
- Year built
- —
1 / 15Listing description
Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Six plex, The Building Is Currently Operating With Five Fully Tenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units 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, 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.
Property summary
- MLS® number
- E13493858
- Property type
- Multi-family
- Building type
- Other
- Land size
- 52.8 x 82 FT
- Annual property taxes
- $5,076.00
- Parking
- 4 spaces · No Garage
- Days on market
- 63 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Window air conditioner
- Basement
- Unfinished, Full
- Appliances
- Washer, Refrigerator, Stove, Dryer, Water Heater
- Exterior features
- Brick
- Lot features
- Cul-de-sac
- Community features
- School Bus
What would this home cost you?
Based on the $949,900 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of Royal Heritage Realty Ltd, Orono.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.