For Sale: 172 Westmount Street, Oshawa, ON - REW
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$4,750,000
0 bd • 21 ba • 30602 sf • Multifamily
172 Westmount Street
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$4,750,000
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172 Westmount StreetOshawa, ON, L1J 4X4

Vanier
  • 0 Bed
  • 21 Bath
  • 30602 Sqft
  • Multifamily

About this home

Rare opportunity to acquire a 21-unit multi-residential investment property in Oshawacomprising three walk-up apartment buildings at 164 & 172 Westmount St and 399 Elmgrove Ave onan assembled approx. 0.70-acre site adjoining Oshawa Centre and Radio Park.The portfolio includes 18 two-bedroom units, 2 junior one-bedroom units and 1 bachelor, with 30surface parking spaces. Current residential rents total approximately $365,400/year, withapproximately $56,600/year of identified rental income potential as below-market units turnover.All 21 units are separately metered for electricity. 12 units are also separately metered forwater, with additional units capable of conversion on turnover. Major capital improvementsinclude sewer line replacements across all three buildings, roof replacements/improvements,boiler upgrades, remote-viewing security cameras and cashless laundry.Excellent rental location with bus service at the property, approximately two minutes toHighway 401, adjacent to Radio Park and directly adjoining Oshawa Centre.Property may be available through an asset or share purchase structure, subject to buyer legal,tax and lender review. (id:63626)
Listed by: Raymond Lui, Salesperson, CENTURY 21 ATRIA REALTY INC.

Home facts and features

Price details
List Price
$4,750,000
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Gross Taxes for 2026
$51,707
Home facts
Bedrooms
0
Full Bathrooms
21
Parking Spaces
30
Property Type
Multifamily
Depth
280.28 feet
Frontage
109.0 feet
Heating Type
Hot water radiator heat, Natural gas
Community
Agent details
Primary Agent
Raymond Lui
Primary Broker
CENTURY 21 ATRIA REALTY INC.
Listing details
Days on REW
1 Day
MLS® Number
E13713090
Source
Canadian Real Estate Association
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Property Insights

St Thomas Aquinas Catholic School
  • Catholic
  • JK - 8
ÉÉC Corpus-Christi
  • Catholic
  • JK - 6
Waverly Public School
  • Public
  • JK - 8
College Hill Public School
  • Public
  • JK - 8
Village Union Public School
  • Public
  • JK - 8
Grade Learning - Oshawa
  • Private
  • 9 - 12
Woodcrest Public School
  • Public
  • JK - 8
É Élém Antonine Maillet
  • Public
  • JK - 6
Mary Street Community School
  • Public
  • JK - 8
St Christopher Catholic School
  • Catholic
  • JK - 8
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
Raymond Lui
Phone:
905-883-1988
Office:
905-883-1988
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