18
394 Centre Street S
$1,049,990 Sale
Listed 18 hours ago
· 3
· 6
· 4
· 2000-2500
Listing History
Buy/Sell/Terminated/Expired listing history for 394 Centre Street S
Key Facts
Key facts for 394 Centre Street S
Property Type
Apartment, 2 1/2 Storey
Parking
None 0 garage, 4 parking
MLS #
E12398835
Size
2000-2500 sqft
Basement
Full,Unfinished
Listed on
2025-09-11
Lot size
53 x 82.0
Tax
$5,076 /yr
Days on Market
1
Approximate Age
100+
Maintenance Fee
-
Description
Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Sixplex, The Building Is Currently Operating With Five Fully Tenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units (Buyer To Verify; Subject To Approvals). Set On A Quie...t, Established Street With Quick Access To Downtown Amenities, Parks, Transit, The GO, And Hwy 401.Self-Contained Apartments Offer Practical Layouts And Good Natural Light; Common Areas Present Well. Laundry Is Located In The Basement, With Opportunity To Convert To A Coin-Operated System For Additional Income. The Rectangular Lot And Flexible Multi-Residential Zoning Support Long-Term Hold Strategies And Value-Add Plans. Stable In-Place Income With Clear Upside As Suites Turn And Rents Align With Area Averages.Estimated Cap. Rate ~6% Based On Current Income/Expenses; Financial Package, Rent Roll, And Floor Plans Available. Ideal Turnkey Addition To An Existing Portfolio Or A Smart First Multi-Family Step. 48 Hours Notice Required For Showings. Please Respect Residents. Showings By Appointment Only.
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Courtesy of: LAND & GATE REAL ESTATE INC.