394 Centre Street S, Oshawa, ON L1H 4B9
Oshawa, ON, L1H 4B9 · Central
About this property
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.
Features & Amenities
- Basement: Full, Unfinished
- Garage: None
- Cooling: Window Unit(s)
- Heat Type: Forced Air
- Heat Source: Gas
- Style: 2 1/2 Storey
- Construction: Brick
- Sewer: Sewer
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Multiplex |
| Architectural Style | 2 1/2 Storey |
| Bedrooms | 3 |
| Bathrooms | 6 |
| Lot Size | 4,326 Feet |
| Basement | Full, Unfinished |
| Garage | None |
| Parking Spaces | 4 |
| Heat Type | Forced Air |
| Heat Source | Gas |
| Cooling | Window Unit(s) |
| Sewer | Sewer |
| Annual Tax | $5,076 |
| Tax Year | 2025 |
Interior Features
- Interior Features
- Storage, Water Heater Owned
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2 1/2 Storey
- Construction Materials
- Brick
- Foundation Details
- Stone
- Roof
- Asphalt Shingle
- Basement
- Full, Unfinished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Gas
- Cooling
- Window Unit(s)
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 4
- Parking Total
- 4.00
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 4325.50
- Lot Size Units
- Feet
- Lot Depth
- 82.00
- Lot Width
- 52.75
Community & Neighborhood
- Property Features
- Cul de Sac/Dead End, Public Transit, School Bus Route
Financial & Tax
- Tax Annual Amount
- $5,076
- Tax Year
- 2025
- Possession Type
- 60-89 days
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Sewer
Room Details
- Rooms Above Grade
- 13
- Kitchens Above Grade
- 5
- Kitchens Total
- 5
- Bedrooms Above Grade
- 3
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- South
- County Or Parish
- Durham
- Cross Street
- Simcoe St S and Avenue St
- Directions
- From Simcoe St S & Avenue St, goeast on Avenue one block, turn right(south) on Centre St S. 394 CentreSt S is on the right, just past thecorner.
- Special Designation
- Unknown
- Showing Requirements
- Lockbox, See Brokerage Remarks, Showing System
Location
394 Centre Street S, Oshawa, ON L1H 4B9, Oshawa, ON, L1H 4B9