ON > Oshawa > Central
Oshawa, ON L1H 4B9,394 Centre ST S
Oshawa, ON L1H 4B9,394 Centre ST S
Oshawa, ON L1H 4B9,394 Centre ST S
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$1,049,990
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3 Beds
6 Baths
Active

394 Centre ST S Oshawa, ON L1H 4B9

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Jasmine Lee

Jasmine Lee

+1(416) 875-4880

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Key Details

Property Type Multi-Family

Sub Type Multiplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Central

MLS Listing ID E12398835

Style 2 1/2 Storey

Bedrooms 3

Annual Tax Amount $5,076

Tax Year 2025

Property Sub-Type Multiplex

Property Description

Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Sixplex, The Building Is Currently Operating With Five Fully Tenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units (Buyer To Verify; Subject To Approvals). Set On A Quiet, Established Street With Quick Access To Downtown Amenities, Parks, Transit, The GO, And Hwy 401.Self-Contained Apartments 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.

Location

Province ON

County Durham

Area Durham

Rooms

Family Room No

Basement Full, Unfinished

Kitchen 5

Interior

Interior Features Storage, Water Heater Owned

Cooling Window Unit(s)

Fireplace No

Heat Source Gas

Exterior

Pool None

Waterfront Description None

Roof Type Asphalt Shingle

Lot Frontage 52.75

Lot Depth 82.0

Total Parking Spaces 4

Building

Building Age 100+

Unit Features Cul de Sac/Dead End,School Bus Route,Public Transit

Foundation Stone

Others

Security Features Smoke Detector

ParcelsYN Yes

Listed by LAND & GATE REAL ESTATE INC.
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Jasmine Lee

Jasmine Lee

Real Estate Broker & Team Leader | License ID: 9517861

+1(416) 875-4880

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