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6
BEDROOMS5
BATHROOMS5
KITCHENS12 + 4
ROOMSE5741176
MLSIDContact Us
Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-08-23 | 2022-10-31 | 70 | $1,329,000 | - | Expired |
| 2022-06-14 | 2022-08-22 | 69 | $1,349,000 | - | Terminated |
| 2021-07-02 | 2021-09-02 | 62 | $1,350,000 | - | Expired |
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Property Description
Turnkey, Legal 5-Plex (4 X 1 Bdrm, 1 X 2 Bdrm), Large Units With Great Upside Potential Of Approx 55% On Rents. Located In A Fantastic, Growing North Oshawa Community On A Large Lot, Close To All Amenities Including Public Transit, Grocery Stores, Shopping And Restaurants. Minutes To Highway 401 For Easy Commutes To And From The City. Gross Income $82,000, Taxes $7,215, Insurance $2,438, Heat $4,312, Hydro $1,867, Water $1,710.
Extras
5 Fridges, 5 Stoves, 1 Washer, 1 Dryer. 2 Hot Water Tanks Are Rentals. The Longest Standing Tenant Of 17 Years Will Be Moving Out On Sept. 30th. The Second Longest Standing Tenant Of 10 Years Will Be Moving Out By End Of October.
Nearby Intersections
King & Wilson (8)
Wilson & Adelaide (10)
Property Features
Park, School
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Property Details
Street
Community
City
Property Type
Multiplex, 2-Storey
Lot Size
48' x 144'
Fronting
East
Taxes
$7,215 (2021)
Basement
Apartment
Exterior
Brick
Heat Type
Radiant
Heat Source
Gas
Air Conditioning
Window Unit
Water
Municipal
Parking Spaces
7
Driveway
Private
Garage Type
None
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Once in a life time opportunity to acquire this fully renovated, income generating building; complete with renovated interiors, newer asphalt shingle roof, fully rented, multiplex money maker! Located on a busy main artery with own parking spots, this property boasts multiple residential and a commercial unit, all fully rented. For convenience, all units are separate from each other and boast their own electric meters/panels. This property is located near everything; schools, parks, plazas, shopping centers as well as transportation and the 401. Zoned PSC-A, this property allows for many uses.
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