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Active

394 Centre St S

Oshawa, ON L1H 4B9

$1,019,000

394 Centre St S, OshawaListed at $1,019,000. 3 bedroom, 6 bathroom 2 1/2 Storey. MLS® E12920964.

3Beds
6Baths
2000-2500sqft
2 1/2 Storey
4Parking
$5,076 (2025)

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.

Price & Status History

Price history is locked

Property Details

Property TypeMultiplex
Style2 1/2 Storey
CommunityCentral
Rooms13
Kitchens5
Washrooms6
Square Feet2000-2500 sqft
Lot Size4,326 sq ft
Lot Dimensions52.75 × 82 ft
Lot Size Area4,325.5 sqft (MPAC)
Fronting OnSouth
Dir/Cross StSimcoe St S and Avenue St
Garage TypeNone
Parking Drive Spaces4
Total Parking Spaces4
ExteriorBrick
RoofAsphalt Shingle
FoundationStone
BasementFull, Unfinished
Heating TypeForced Air
Heating SourceGas
A/CWindow Unit(s)
SewersSewer
Taxes (2025)$5,076
HSTIncluded In
SecuritySmoke Detector
Listed Date3/25/2026
Days on Market76 days
PossessionFlexible
Vick Yogeswaran - REALTOR

Your agent: Vick Yogeswaran

REALTOR® · RE/MAX Realtron Realty Inc.

Same-day showings available

Property Insights

Home Value
Estimate

Listing Courtesy of: ROYAL HERITAGE REALTY LTD.

MLS® #E12920964

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

About Oshawa Real Estate

This Multiplex is located in the Central community in Oshawa. Oshawa is Durham Region's largest city and home to Ontario Tech University and Durham College. The city offers the GTA's most affordable detached homes with GO Transit connectivity to downtown Toronto. The Oshawa Centre, revitalized downtown core, and Lakeview Park provide amenities, while the 401/407 interchange ensures highway access.

Most affordable GTA detached homesOntario Tech University & Durham CollegeOshawa GO — 60 min to UnionLakeview Park & waterfront trail
~60 min commute to downtown TorontoWalkability: Moderate near downtown — car-oriented suburbs