Description
9-unit brick and block apartment building ideally situated in the downtown core of Oshawa. The property features all two-bedroom units and benefits from several upcoming area enhancements. It is just a 600-metre walk to the planned Central Oshawa GO (Ritson GO) station. Additionally, Queen's University, in partnership with Lakeridge Health, is developing a new satellite medical campus only 1.3 km away. The building presents strong rental upside potential, offering investors the opportunity the enhance yields and maximize returns. The property includes ample on-site parking, as well as a shared laundry facility equipped with coin-operation machines, providing an additional income stream.
Location Description
Simcoe St. S/Olive Ave.
Property Details
- Community: Central
- Property Type: Tenant/Residential Freehold
- Bedrooms: 18
- Bath: 9
- Garages: None
- Annual Property Taxes : $ 22049
Building Features
- Foundation Type: Block
- Counstruction Material : Brick
- Total Parking Space : 14
- Parking Type : None
Features
- Heating : WaterGas
- Sewer : Sewer ,
Listing Contracted With: RE/MAX HALLMARK FIRST GROUP REALTY LTD.
