About This Property

This multi-family in Oshawa offers 17,427 sqft of living space on a 17,389.85 sqft lot. The property has lot dimensions of 96.98 x 177.23 FT, cross street Bloor & Park, zoned R6-C Multi Residential. The home features forced air, natural gas heating, fully air conditioned.

MLS Remarks

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.

Inclusions

NOTE: a few of the units are serviced by forced air electric heating.

Price History