view of home's exterior featuring brick siding and a lawn Features: lawn, brick siding, horizontal siding, entry steps More Photos

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    For Sale - 394 Centre Street, Oshawa, Ontario

    Est payment $4,893/mo
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    Views   1
    Time on Jump  7 day

    AI Summary *

    • Solid income property with five fully tenanted units in central Oshawa.
    • Future potential to reconfigure units back to six with approvals.
    • Quiet street close to downtown amenities, parks, and transit options.
    • Good natural light and practical layouts in self-contained apartments.
    • Opportunity to convert basement laundry to coin-operated for extra income.




    Rare opportunity to own a solid income property in central oshawa. Registered as a sixplex, the building is currently operating with five fullytenanted units after two suites were combined, with future potential to reconfigure back to six units (buyer to verify; subject toapprovals). 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, withopportunity to convert to a coin-operated system for additional income. The rectangular lot and flexible multi-residential zoning supportlong-term hold strategies and value-add plans. Stable in-place income with clear upside as suites turn and rents align with areaaverages. Estimated cap. Rate ~6% based on current income/expenses; financial package, rent roll, and floor plans available. Ideal turnkeyaddition to an existing portfolio or a smart first multi-family step. 48 hours notice required for showings. Please respect residents. Showings by appointment only.
    Listing IDE12920964
    Address394 Centre Street
    CityOshawa, Ontario
    Price$1,019,000
    Bed / Bath3 / 6 Full
    Style2 1/2 Storey, Multiplex
    ConstructionBrick
    Land Size4325.5
    TypeMulti-Family
    StatusFor Sale

    Subtype MultiplexIndoor Features Storage, Water Heater OwnedAmenities Cul de Sac/Dead End, Public Transit, School Bus RouteOwnership FreeholdWaterfront NoneBasement Full, UnfinishedFoundation StoneHeating / Cooling Forced AirHeating Fuel GasSewer Sewer

    Parking 4.00
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    Listing Agency:  ROYAL HERITAGE REALTY LTD.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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    394 Centre Street
    Oshawa , Ontario
    3 6 $1,019,000
    Get more info