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BEDROOMS4
BATHROOMS4
KITCHENS10
ROOMSE9769857
MLSIDContact Us
Property Description
Don't miss this exceptional investment opportunity in the heart of O'Neill, one of Oshawa's most desirable neighbourhoods. This legal non-conforming 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 and upgraded plumbing in most areas. It's already wired for separate baseboard heaters, offering future potential for individual unit metering. Add extra income by creating storage lockers for tenants in the unfinished basement!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 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 |
Extras
With parking for 4 cars and 2 vacant units, this property provides immediate upside potential set the market rent and maximize returns. Ideal for investors seeking a turn-key asset in a prime location with strong rental demand.
Nearby Intersections
Simcoe & Adelaide (28)
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
$5,188 (2023)
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 $203,961 (20.6%) higher than the average sold price of $991,039 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Oshawa declined by $31,086 (3.0%) compared to the previous 30 day period (September 21 - October 20) and up $12,177 (1.2%) from the same time one year ago.Inventory Change
There were 99 4-bedroom homes listed in Oshawa over the last 30 days (October 21 - November 19), which is down 1.0% compared with the previous 30 day period (September 21 - October 20) and up 13.8% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Oshawa typically sold ($10,142) (1.0%) below asking price over the last 30 days (October 21 - November 19), which represents a $6,887 increase compared to the previous 30 day period (September 21 - October 20) and ($25,627) 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 (October 21 - November 19) stood at 38.4%, down from 44.0% over the previous 30 days (September 21 - October 20) and up from 33.3% 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 18 days when successfully sold over the last 30 days (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Jazz Inc.
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