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394 Centre Street S Oshawa, Ontario L1H 4B9

3 Bedroom 6 Bathroom 2000 - 2500 sqft
Window Air Conditioner Forced Air

$1,019,000

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:61445)

Property Details

MLS® Number E12920964
Property Type Multi-family
Community Name Central
AmenitiesNearBy Public Transit
CommunityFeatures School Bus
Features Cul-de-sac
ParkingSpaceTotal 4

Building

BathroomTotal 6
BedroomsAboveGround 3
BedroomsTotal 3
Appliances Water Heater, Dryer, Stove, Washer, Refrigerator
BasementDevelopment Unfinished
BasementType Full (unfinished)
CoolingType Window Air Conditioner
ExteriorFinish Brick
FireProtection Smoke Detectors
FoundationType Stone
HeatingFuel Natural Gas
HeatingType Forced Air
StoriesTotal 3
SizeInterior 2000 - 2500 Sqft
Type Other
UtilityWater Municipal Water

Parking

No Garage

Land

Acreage No
LandAmenities Public Transit
Sewer Sanitary Sewer
SizeDepth 82 Ft
SizeFrontage 52 Ft ,9 In
SizeIrregular 52.8 X 82 Ft
SizeTotalText 52.8 X 82 Ft
ZoningDescription R3-a/r5-b/r7-a

Rooms

Level Type Dimensions

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29515907/394-centre-street-s-oshawa-central-central

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Chad Harmer
Salesperson


Land & Gate Real Estate Inc.
20 Elgin Street E
Oshawa, Ontario L1G 1S8

Amanda Davis
Salesperson


Exp Realty
6-470 King St W Unit 277
Oshawa, Ontario L1J 2K9

Shikhar Sethi
Salesperson


Land & Gate Real Estate Inc.
20 Elgin Street E
Oshawa, Ontario L1G 1S8

Tara Baylis
Salesperson


Land & Gate Real Estate Inc.
20 Elgin Street E
Oshawa, Ontario L1G 1S8

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