Size
-
Lot size
8546 sqft
Street frontage
-
Possession
Flexible
Price per sqft
$500 - $600
Taxes
$5,498 (2025)
Parking Type
-
Style
2-Storey
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Description
Earn a 6.7% leveraged CAP rate. An exceptional investment opportunity for investors and developers/builders in the heart of Downtown Oshawa's Urban Growth Centre Area. This expansive site features an impressive frontage of 64.83 ft and is perfectly zoned for higher-density residential uses, offering significant potential for various development options. Currently, it holds an updated multiplex with a desirable unit mix: 2 two-bedroom units, 1 three-bedroom unit, and 1 bachelor-style apartment, a spacious rear yard and a convenient onsite laundry on the main floor. Each unit is separately metered for hydro and heat. Positioned in Oshawa's dynamic employment and transit hub just steps from the Durham Region Courthouse, the Oshawa Hockey Rink, and other key amenities and transit stops this is an ideal opportunity to contribute to Oshawa's ongoing evolution and secure a reliable rental income in a high-demand, future-forward location.
Broker: ROYAL LEPAGE REAL ESTATE SERVICES LTD.
MLS®#: E12145474
Property details
Parking:
7
Parking type:
-
Property type:
Fourplex
Heating type:
Forced Air
Style:
2-Storey
MLS Size:
2500-3000 sqft
Lot front:
64 Ft
Lot depth:
131 Ft
Listed on:
May 13, 2025
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Instant estimate:
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$115,060
lower than listed pricei
High
$1,484,073
Mid
$1,384,840
Low
$1,334,104
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