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143 Bloor ST W Oshawa, ON L1J 1P5
17,426 SqFt
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Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 17,426 sqft
Price per Sqft $327
Subdivision Lakeview
MLS Listing ID E12214820
Annual Tax Amount $44,714
Tax Year 2024
Property Sub-Type Investment
Lot Depth 177.23
Lot Front 96.98
Property Description
Modern 2021-Built Apartment Building in Central Oshawa with 14 units. This newer apartment building offers a prime investment opportunity in a high-demand Oshawa location. Located just minutes from the 401 highway, Oshawa GO Station, and convenient public transit, this property ensures excellent accessibility for tenants, making it highly attractive to commuters. Each unit is separately metered and features in-suite laundry, providing tenants with convenience and autonomy. The building also offers surface parking for residents, adding to the appeal of the property. With no rent control, the property offers flexibility for market-based rent increases, adding potential for future growth.Turnover is uncommon, with units easily and quickly rented whenever they do become available due to the property's high demand. Tenants enjoy a central location with close proximity to all amenities, including shopping, dining, parks, and entertainment, making this a desirable place to live. In addition, the property comes with an assumable mortgage at a low 2.96% interest rate, which presents an excellent financing option for potential buyers. This property offers a stable investment with strong rental demand, low-maintenance management, and great potential for long-term growth in an evolving market.
Location
Province ON
County Durham
Community Lakeview
Area Durham
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 96.98
Lot Depth 177.23
Listed by ROYAL LEPAGE FRANK REAL ESTATE
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