$949,900
394 Centre St S
Oshawa, ON L1H 4B9
394 Centre St S, Oshawa — Listed at $949,900. 3 bedroom, 6 bathroom 2 1/2 Storey Multiplex. MLS® E13493858.
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.
Property Details
Listing Courtesy of: Royal Heritage Realty Ltd.
MLS® #E13493858
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HouseIndex Take: 394 Centre Street S
This multiplex (2 1/2 Storey) is located in the Central neighbourhood of Oshawa.
The home offers 3 bedrooms, 6 bathrooms.
Features include a full, unfinished basement, 4 parking spaces.
Additional details: lot dimensions of 52.75 × 82 feet.
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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.