
Listed For $4,750,000
Added 1 month ago
21 Baths
30602 Square Feet
Investment
$51,707 Tax / yr
-
Bedrooms
21
Bathrooms
-
Garages
30602
Square Feet
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Rare opportunity to acquire a 21-unit multi-residential investment property in Oshawacomprising three walk-up apartment buildings at 164 & 172 Westmount St and 399 Elmgrove Ave onan assembled approx. 0.70-acre site adjoining Oshawa Centre and Radio Park.The portfolio includes 18 two-bedroom units, 2 junior one-bedroom units and 1 bachelor, with 30surface parking spaces. Current residential rents total approximately $365,400/year, withapproximately $56,600/year of identified rental income potential as below-market units turnover.All 21 units are separately metered for electricity. 12 units are also separately metered forwater, with additional units capable of conversion on turnover. Major capital improvementsinclude sewer line replacements across all three buildings, roof replacements/impro
Census area 35180773; area-wide figures, not facts about this home.
Adapted from Statistics Canada, 2021 Census of Population, Census Profile, 2021. This does not constitute an endorsement by Statistics Canada of this product.