12-unit multi-residential investment opportunity in Oshawa featuring 11 two-bedroom units and 1 bachelor on an approx. 0.305-acre site with 12 surface parking spaces. Current residential rents total approximately $204,948/year, with approximately $39,828/year of identified rental income potential as below-market units turn over. All units are separately metered for electricity. 8 units are separately metered for water, with the remaining capable of conversion on turnover. Building systems include a gas boiler installed in 2022, owned hot water equipment, cashless laundry and a fire alarm system.Convenient location approximately five minutes to Highway 401, close to local retail and within walking distance of Oshawa Centre. Buyer to verify all measurements, zoning, income, expensesand property information.
Property Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Approx. Age:
51-99
Total Area:
34848 sq. ft. Square Feet
Total Area:
34,848 sq. ft.3,237 m2
Lot Depth:
120'36.6 m
Lot Frontage:
110'5"33.7 m
Lot Shape:
Irregular
Bathrooms:
12.0
Water supply:
Municipal
Soil Test:
No
Zoning:
R2 / R3-A / R6-B
Heating type:
Gas Hot Water
Survey Available:
No
Garage:
Outside/Surface
Parking Spaces:
12
Possession Details:
Flexible / To Be Arranged
HST Applicable To Sale Price:
Not Subject to HST
Assessment:
$1,173
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$31,822 /
2025
Assessment:
$1,173.00 /
2025
Durham
Oshawa
Vanier
Major Highway
No
Private garbage collection and superintendent/common area maintenance services.
12 refrigerators, 12 stoves, 1 gas boiler, 1 integrated commercial gas hot water tank, 8 unit hot water tanks, 12 electricity meters, 8 water meters, 1 cashless washer, 1 cashless dryer,fire alarm system and other building equipment owned by Seller, all as presently installed.
Tenants' personal property and any items owned by service providers or contractors, if any.
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