ON > Oshawa > Lakeview
Oshawa, ON L1J 1P5,143 Bloor ST W
Oshawa, ON L1J 1P5,143 Bloor ST W
Oshawa, ON L1J 1P5,143 Bloor ST W
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$5,700,000
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17,426 SqFt
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143 Bloor ST W Oshawa, ON L1J 1P5

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 17,426 sqft

Price per Sqft $327

Subdivision Lakeview

MLS Listing ID E12214820

Annual Tax Amount $44,714

Tax Year 2024

Property Sub-Type Investment

Property Description

Modern 2021-Built Apartment Building in Central Oshawa with 14 units. This newer apartment building offers a prime investment opportunity in a high-demand Oshawa location. Located just minutes from the 401 highway, Oshawa GO Station, and convenient public transit, this property ensures excellent accessibility for tenants, making it highly attractive to commuters. Each unit is separately metered and features in-suite laundry, providing tenants with convenience and autonomy. The building also offers surface parking for residents, adding to the appeal of the property. With no rent control, the property offers flexibility for market-based rent increases, adding potential for future growth.Turnover is uncommon, with units easily and quickly rented whenever they do become available due to the property's high demand. Tenants enjoy a central location with close proximity to all amenities, including shopping, dining, parks, and entertainment, making this a desirable place to live. In addition, the property comes with an assumable mortgage at a low 2.96% interest rate, which presents an excellent financing option for potential buyers. This property offers a stable investment with strong rental demand, low-maintenance management, and great potential for long-term growth in an evolving market.

Location

Province ON

County Durham

Community Lakeview

Area Durham

Interior

Cooling Yes

Exterior

Utilities Available Yes

Lot Frontage 96.98

Lot Depth 177.23

Listed by ROYAL LEPAGE FRANK REAL ESTATE
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Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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