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BEDROOMS4
BATHROOMS4
KITCHENS10
ROOMSE11924788
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Property Description
Don't miss this exceptional investment opportunity in the heart of O'Neill, one of Oshawa's most desirable neighbourhoods. This legal 4-plex, rarely offered, boasts four renovated units: two updated 2-bedroom apartments and two modern bachelor units. Each unit has been thoughtfully upgraded with new interior finishes, for hassle-free ownership. The building features a fully replaced electrical system throughout with ESA confirmation and updated plumbing. 5 electrical meters with each unit individually metered. Wiring is in place to add baseboard heaters in the future. Two large storage rooms in the basement not currently being used provide an opportunity for further income! With 2 units vacant & a third vacating Jan 31st, this property provides immediate upside potential to set market rent & maximize returns. Option with coin operated laundry in the basement for even further income. Ideal for investors seeking a turn-key asset in a prime location with strong rental demand.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-30 | 2025-01-15 | 77 | $1,195,000 | - | Terminated |
| 2024-10-16 | 2024-10-30 | 14 | $1,225,000 | - | Terminated |
| 2024-09-05 | 2024-10-16 | 41 | $1,300,000 | - | Terminated |
| 2021-03-11 | 2021-03-23 | 11 | $789,000 | $705,000 | Sold |
Nearby Intersections
Simcoe & Adelaide (22)
Adelaide & Ritson (18)
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Property Details
Street
Community
City
Property Type
Fourplex, 2-Storey
Lot Size
58' x 122'
Fronting
East
Taxes
$6,429 (2024)
Basement
Unfinished
Exterior
Vinyl Siding
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 15.32' x 15.09' | Combined W/Living |
| Br | Main | 12.30' x 18.04' | |
| Br | Main | 7.32' x 13.65' | |
| Kitchen | Main | 10.66' x 11.38' | Combined W/Dining |
| Living | Main | 11.48' x 12.24' | Combined W/Br |
| Kitchen | 2nd | 11.38' x 12.50' | Combined W/Living |
| Br | 2nd | 9.74' x 18.24' | |
| Br | 2nd | 11.48' x 12.57' | |
| Kitchen | 2nd | 6.56' x 12.24' | Combined W/Dining |
| Living | 2nd | 12.24' x 13.65' | Combined W/Br |
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Oshawa Market Statistics
Oshawa Price Trend
381 Mary St N is a 4-bedroom 4-bathroom home listed for sale at $1,195,000, which is $273,867 (29.7%) higher than the average sold price of $921,133 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 4 bedroom home in Oshawa declined by $79,238 (7.9%) compared to the previous 30 day period (November 18 - December 17) and down $47,097 (4.9%) from the same time one year ago.Inventory Change
There were 50 4-bedroom homes listed in Oshawa over the last 30 days (December 18 - January 16), which is down 25.4% compared with the previous 30 day period (November 18 - December 17) and up 42.9% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Oshawa typically sold ($15,619) (1.7%) below asking price over the last 30 days (December 18 - January 16), which represents a $4,991 increase compared to the previous 30 day period (November 18 - December 17) and ($32,124) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Oshawa over the last 30 days (December 18 - January 16) stood at 60.0%, down from 67.2% over the previous 30 days (November 18 - December 17) and down from 74.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 4-bathroom home in Oshawa stood at 34 days when successfully sold over the last 30 days (December 18 - January 16), compared to 77 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Jazz Inc.
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