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 |