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, Oshawa, ON L1H 4B9
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$ 1,019,000
Est. payment | /mo

3 Beds

6 Baths


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$ 1,019,000
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 E12920964

Style 2 1/2 Storey

Bedrooms 3

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 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.

Location

Province ON

County Durham

Area Durham

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

Rooms

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

Parking Features None

Pool None

Roof Type Asphalt Shingle

Total Parking Spaces 4

Building

Foundation Stone

Others

ParcelsYN No

Lited by ROYAL HERITAGE REALTY LTD.

Nearby Locations

Elisa Shannon
Elisa Shannon

Agent

+1(905) 713-9665 | elisa_realestate@yahoo.com

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394 Centre ST S