314 Hillside Avenue Oshawa, Ontario L1J 1T5
$1,099,999
Exceptional Investment Opportunity in a Prime Location. A rare opportunity to acquire a meticulously maintained, custom-built four-unit multiplex with a proven history of stability and performance. Constructed in 1990, this solid brick building offers a well-balanced unit mix consisting of two spacious three-bedroom suites and two thoughtfully designed one-bedroom suites, each laid out for comfort and functionality. The property has demonstrated exceptional tenant demand, maintaining zero vacancy for the past 14 years. Two units are currently occupied by long-standing, reliable tenants, reflecting strong tenant retention and consistent cash flow. Recent Capital Improvements & Ongoing Maintenance Include: Roof replacement (2021), Driveway and parking area professionally re-paved (2010), Front and upper-level windows replaced (2018), Remote camera monitoring system installed (2023), New coin-operated washing machine (2024), New carpeting in front and rear common areas (2025, as per seller) Annual fire safety inspections are completed, and the building is fully equipped with pull stations, smoke detectors, and fire extinguishers, providing peace of mind for owners and tenants alike. Parking & Location Highlights: Ample on-site parking is available for residents and guests. The property is ideally situated with convenient access to public transit, schools, shopping, and major highways-making it highly attractive to renters. Whether you are expanding an existing portfolio or entering the multi-residential market, this turnkey asset offers reliable income, low maintenance, and long-term value. Opportunities of this caliber are rarely available. (Taxes as per GeoWarehouse. Square footage as per MPAC. Room measurements as per photographer.) (id:61476)
Property Details
| MLS® Number | E12665744 |
| Property Type | Multi-family |
| Neigbourhood | Vanier |
| Community Name | Vanier |
| Equipment Type | Water Heater |
| Features | Flat Site |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 4 |
| Bedrooms Above Ground | 6 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 8 |
| Age | 31 To 50 Years |
| Appliances | Dryer, Water Heater, Stove, Refrigerator |
| Basement Development | Finished |
| Basement Features | Apartment In Basement |
| Basement Type | N/a, N/a (finished) |
| Cooling Type | None |
| Exterior Finish | Brick |
| Flooring Type | Ceramic, Carpeted, Laminate |
| Foundation Type | Poured Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 2,500 - 3,000 Ft2 |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 115 Ft |
| Size Frontage | 55 Ft |
| Size Irregular | 55 X 115 Ft |
| Size Total Text | 55 X 115 Ft |
| Zoning Description | **r2** (as Per Geo Report Attached To Listing) |
Rooms
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Other | Kitchen | 4.55 m | 3.08 m | 4.55 m x 3.08 m |
| Other | Kitchen | 2.36 m | 4.39 m | 2.36 m x 4.39 m |
| Other | Living Room | 3.53 m | 4.39 m | 3.53 m x 4.39 m |
| Other | Primary Bedroom | 4.25 m | 3.09 m | 4.25 m x 3.09 m |
| Other | Kitchen | 4.45 m | 2.39 m | 4.45 m x 2.39 m |
| Other | Living Room | 3.25 m | 4.36 m | 3.25 m x 4.36 m |
| Other | Primary Bedroom | 3.75 m | 4.26 m | 3.75 m x 4.26 m |
| Other | Laundry Room | Measurements not available | ||
| Other | Living Room | 4.54 m | 4.84 m | 4.54 m x 4.84 m |
| Other | Primary Bedroom | 3.66 m | 3.84 m | 3.66 m x 3.84 m |
| Other | Bedroom 2 | 2.99 m | 3.66 m | 2.99 m x 3.66 m |
| Other | Bedroom 3 | 4.09 m | 3.1 m | 4.09 m x 3.1 m |
| Other | Kitchen | 4.55 m | 3.08 m | 4.55 m x 3.08 m |
| Other | Living Room | 4.54 m | 4.84 m | 4.54 m x 4.84 m |
| Other | Primary Bedroom | 3.66 m | 3.84 m | 3.66 m x 3.84 m |
| Other | Bedroom 2 | 2.99 m | 3.66 m | 2.99 m x 3.66 m |
| Other | Bedroom 3 | 4.09 m | 3.1 m | 4.09 m x 3.1 m |
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January 06 2026 03:49:23
Central Lakes Association of REALTORS®
Land & Gate Real Estate Inc.