For Sale: 394 Centre Street S, Oshawa, ON - REW
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$999,900
3 bd • 6 ba • 2000 - 2499 sf • Multifamily
394 Centre Street S
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$999,900
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394 Centre Street SOshawa, ON, L1H 4B9

Central Oshawa
  • 3 Bed
  • 6 Bath
  • 2000 - 2499 Sqft
  • Multifamily

About this home

Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Six plex, The Building Is Currently Operating With Five Fully Tenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units Set On A Quiet, Established Street With Quick Access To Downtown Amenities, Parks, Transit, The GO, And Hwy 401.Self-ContainedApartments 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. (id:63626)
Listed by: Chad Harmer, Salesperson, Royal Heritage Realty Ltd.

Home facts and features

Price details
List Price
$999,900
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Gross Taxes for 2025
$5,076
Home facts
Bedrooms
3
Full Bathrooms
6
Parking Spaces
4
Parking Details
No Garage
Property Type
Multifamily
Depth
82 feet
Frontage
52.9 feet
Exterior Finish
Brick
Heating Type
Forced air, Natural gas
Cooling
Window air conditioner
Basement Details
Unfinished, Full
Features
Cul-de-sac, Smoke Detectors
Appliances
Dryer, Refrigerator, Stove, Washer, Water Heater
Community
Agent details
Primary Agent
Chad Harmer
Primary Broker
Royal Heritage Realty Ltd.
Secondary Agent
Amanda Davis
Secondary Broker
Royal Heritage Realty Ltd.
Tertiary Agent
Shikhar Sethi
Tertiary Broker
Royal Heritage Realty Ltd.
Listing details
Days on REW
73 Days
Property Views
11
MLS® Number
E12920964
Source
Canadian Real Estate Association
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Property Insights

Village Union Public School
  • Public
  • JK - 8
St Thomas Aquinas Catholic School
  • Catholic
  • JK - 8
ÉÉC Corpus-Christi
  • Catholic
  • JK - 6
Grade Learning - Oshawa
  • Private
  • 9 - 12
College Hill Public School
  • Public
  • JK - 8
St Hedwig Catholic School
  • Catholic
  • JK - 8
Monsignor John Pereyma School
  • Catholic
  • 7 - 12
Mary Street Community School
  • Public
  • JK - 8
Glen Street Public School
  • Public
  • JK - 8
David Bouchard Public School
  • Public
  • 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
Chad Harmer
Phone:
(905) 622-0821
Office:
905-723-4800
Salesperson
Amanda Davis
Phone:
(905) 242-0520
Office:
905-723-4800
Salesperson
Shikhar Sethi
Phone:
(905) 723-5944
Office:
905-723-4800
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By proceeding, you consent to receive communications using the methods provided, from REW.ca and our partners about your inquiry and other home-related matters to assist you in your search, but not as a condition of any purchase.