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$1,485,000
Available - For Sale
Listing ID: E12178464
Turnkey 6-Plex in Prime Location. 6 Apartment Units with Below-Market Rents & Upside Potential An outstanding opportunity to acquire a fully turnkey 6-unit multi-plex offering below-market rents, strong fundamentals, and value-add potential. This all brick building features five (5) 2-bedroom, 1-bath units and one (1) 1 Bedroom , 1 bath additional Bachelor unit, all located in a highly desirable rental area just minutes from Highway 401, public transit, parks, and the Oshawa Centre. Whether you're an experienced investor looking to expand your portfolio or entering the multi residential space for the first time, this property checks all the boxes: recent upgrades, low-maintenance operations, stable tenant base, and attractive below-market rents that provide immediate room for income growth. The low vacancy rate and excellent location contribute to reliable long-term cash flow. An on-site coin-operated laundry room adds supplemental monthly income, and eight surface parking spaces increase overall tenant appeal. With updated units and minimal ongoing capital expense, this property offers an ideal blend of financial stability and growth opportunity. Vendor Take Back Mortgage may be available to the right buyer.
Price $1,485,000
Taxes: $10,251
Tax Type: Annual
Occupancy by: Tenant
Address: 117 Cromwell Aven , Oshawa, L1J 4T5, Durham
Postal Code: L1J 4T5
Province/State: Durham
Directions/Cross Streets: King & Cromwell
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 0
Total Area Code:  Square Feet
Area Influences: Major Highway   Public Transit
Maintenance: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: No
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
KELLER WILLIAMS ENERGY REAL ESTATE, BROKERAGE

117 Cromwell Aven , Oshawa, L1J 4T5, Durham


 
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Type: Com - Investment
Area: Durham
Municipality: Oshawa
Neighbourhood: Vanier
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Lot Size: x 115.00(Feet)
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Tax: $10,251
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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