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   2
    Time on Jump  54 day

    AI Summary *

    • Solid income property with five fully tenanted units in a desirable location.
    • Future potential to reconfigure back to six units for increased rental income.
    • Convenient access to downtown, parks, transit, and major highways.
    • Opportunity to add coin-operated laundry for additional revenue.
    • Stable income with potential for rent increases as leases turn.




    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.
    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