394 Centre ST S Active Save Request In-Person Tour Request Virtual Tour
Oshawa,ON L1H 4B9
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
Annual Tax Amount $5,076
Tax Year 2025
Property Sub-Type Multiplex
Appx SqFt 2000-2500
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
Rooms
Family Room No
Kitchen 5
Interior
Cooling Window Unit(s)
Exterior
Pool None
Waterfront Description None
Roof Type Asphalt Shingle
Building
Building Age 100+
Foundation Stone