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$5,700,000
Available - For Sale
Listing ID: E12214820
Modern 2021-Built Apartment Building in Central Oshawa with 14 units. This newer apartment building offers a prime investment opportunity in a high-demand Oshawa location. Located just minutes from the 401 highway, Oshawa GO Station, and convenient public transit, this property ensures excellent accessibility for tenants, making it highly attractive to commuters. Each unit is separately metered and features in-suite laundry, providing tenants with convenience and autonomy. The building also offers surface parking for residents, adding to the appeal of the property. With no rent control, the property offers flexibility for market-based rent increases, adding potential for future growth.Turnover is uncommon, with units easily and quickly rented whenever they do become available due to the property's high demand. Tenants enjoy a central location with close proximity to all amenities, including shopping, dining, parks, and entertainment, making this a desirable place to live. In addition, the property comes with an assumable mortgage at a low 2.96% interest rate, which presents an excellent financing option for potential buyers. This property offers a stable investment with strong rental demand, low-maintenance management, and great potential for long-term growth in an evolving market.
Price $5,700,000
Taxes: $44,714
Tax Type: Annual
Assessment Year: 2024
Occupancy by: Tenant
Address: 143 Bloor Stre West , Oshawa, L1J 1P5, Durham
Postal Code: L1J 1P5
Province/State: Durham
Legal Description: PART LOT 2 PLAN 176, PART LOT 3 PLAN 176
Directions/Cross Streets: Bloor & Park
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Category: Apartment
Use: Apts - 13 To 20 Units
Building Percentage: T
Total Area: 17,426.75
Total Area Code:  Square Feet
Financial Statement: T
Maintenance: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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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.
ROYAL LEPAGE FRANK REAL ESTATE

143 Bloor Stre West , Oshawa, L1J 1P5, Durham


 
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At a Glance:
Type: Com - Investment
Area: Durham
Municipality: Oshawa
Neighbourhood: Lakeview
Style:
Lot Size: x 177.23(Feet)
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Tax: $44,714
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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