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$2,250,000
Available - For Sale
Listing ID: E11968118
Welcome to your next investment opportunity. This property has a 2 large Modern legal non conforming fourplexs properties. Each Building has 2 (3 Bedroom 2 Bath Units) and 2 (1 Bedroom 1 Bath Units). Mixed with great long term tenants and newer tenants. Offering a generous 4.5 Cap Rate at current rents with ability to bring to a 6.2 Cap Rate at market rent. See Rent / Expense Statement and Floor Plans Attached. 176 Nassau and 180 Nassau are registered separately but seller would like them to be purchased together, which offers a great opportunity to a diligent investor. Properties are in a great area, close to 401, public transit, parks, shopping and more!
Price $2,250,000
Taxes: $16,328
Tax Type: Annual
Occupancy by: Tenant
Address: 176/180 Nassau St , Oshawa, L1J 4A5, Ontario
Postal Code: L1J 4A5
Province/State: Ontario
Legal Description: PT LT 29 PL 40 OSHAWA PT 1, 40R13072; PT
Lot Size: 109.16 x 100.16 (Feet)
Directions/Cross Streets: Park Rd S / Gibb St
Zoning: R2
Category: Apartment
Use: Apts-6 To 12 Units
Building Percentage: Y
Total Area: 5,804
Total Area Code:  Sq Ft
Financial Statement: Y
Heat Type: Baseboard
Central Air Conditioning: N
Water: Municipal
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
DAN PLOWMAN TEAM REALTY INC.

176/180 Nassau St , Oshawa, L1J 4A5, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Durham
Municipality: Oshawa
Neighbourhood: Vanier
Style:
Lot Size: 109.16 x 100.16(Feet)
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Tax: $16,328
Maintenance Fee: $0
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