394 CENTRE STREET S, Oshawa (Central), Ontario, L1H4B9
MLS: E12920964 | Other
$1,019,000
Property 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. (id:64974)
Quick Facts
- Property Type: Other
- Bedrooms: 3 (3 above)
- Bathrooms: 6
- Parking: 4.0 spaces (No Garage)
- Frontage: 53 ft (16.1 m)
Costs
- Annual Taxes: $5,076.00 (2025)
Listing Provided by: ROYAL HERITAGE REALTY LTD.
Board: Central Lakes Association of REALTORS®
Data provided via CREA DDF®.
Detailed Features
Interior & Systems
- Heating: Forced air, Natural gas
- Cooling: Window air conditioner
- Basement: Unfinished, Full
- Appliances: Washer, Refrigerator, Stove, Dryer, Water Heater
- Utilities: Sewer, Electricity, Cable
- Security: Smoke Detectors
Exterior & Construction
- Exterior: Brick
- Foundation: Stone
- Sewer: Sanitary sewer
- Water: Municipal water
Lot & Land
- Frontage: 53 ft (16.1 m)
- Features: Cul-de-sac
- Zoning: R3-A/R5-B/R7-A
Community & Neighbourhood
- Community: School Bus
- Neighbourhood: Central
Room Details (1 rooms)
Listing Information
Listing History
MLS listing activity for 394 CENTRE STREET S, Oshawa (Central), Ontario, L1H4B9 — dates reflect when changes were recorded in the DDF
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Mortgage & Cost Calculators
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394 CENTRE STREET S, Oshawa (Central), Ontario, L1H4B9