Property Information:

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:27)

Building Features:

Style: Multiplex
Building Type: Other
Air Conditioning: Yes
Basement Development: Unfinished
Basement Type: Full
Exterior Finish: Brick
Fire Protection: Smoke Detectors
Floor Space: 2000 - 2500 sqft
Foundation Type: Stone
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: Window air conditioner
Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 3
Bathrooms: 6
Amenities Nearby: Public Transit
Community Features: School Bus
Features: Cul-de-sac
Floor Space (approx): 2000 - 2500 Square Feet
Irregular: Yes
Lot Depth: 82 Feet
Lot Frontage: 52.8 Feet
Lot Size: 52.8 x 82 FT
Utility Type: Cable - Available, Sewer - Installed, Hydro - Installed
Zoning: R3-A/R5-B/R7-A
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 4

Rooms:

Bedroom 2nd Level 6.00 m x 7.00 m

Convert Measurement to:

Courtesy of: Royal Heritage Realty Ltd, Royal Heritage Realty Ltd.

More Detail

Less Detail

Demographic Information of 394 CENTRE STREET S, Oshawa (Central), Ontario, L1H 4B9

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$83,686.87

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.25 %

High school certificate or equivalent

38.11 %

Apprenticeship trade certificate/diploma

6.42 %

College/non-university certificate

19.11 %

University certificate (below bachelor)

0.91 %

University Degree

9.2 %

Commuter

Travel To Work

By Car

82.34 %

By Public Transit

7.26 %

By Walking

7.05 %

By Bicycle

0.0 %

By Other Methods

3.35 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.06 %

Houses

53.94 %

394 CENTRE STREET S, Oshawa (Central), Ontario, L1H 4B9