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143 Bloor Street W Oshawa, Ontario L1J 1P5

17,427 ft2
Fully Air Conditioned Forced Air

$5,700,000

Modern 2021-Built Apartment Building in Central Oshawa. This newer 2021-built 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. (id:61476)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number E12214820
Property Type Multi-family
Neigbourhood Lakeview
Community Name Lakeview

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Forced Air
Size Interior 17,427 Ft2
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 177 Ft ,2 In
Size Frontage 96 Ft ,11 In
Size Irregular 96.98 X 177.23 Ft
Size Total Text 96.98 X 177.23 Ft
Zoning Description R6-c Multi Residential

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