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Rare opportunity to acquire a 21-unit multi-residential investment property in Oshawacomprising three walk-up apartment buildings at 164 & 172 Westmount St and 399 Elmgrove Ave onan assembled approx. 0.70-acre site adjoining Oshawa Centre and Radio Park.The portfolio includes 18 two-bedroom units, 2 junior one-bedroom units and 1 bachelor, with 30surface parking spaces. Current residential rents total approximately $365,400/year, withapproximately $56,600/year of identified rental income potential as below-market units turnover.All 21 units are separately metered for electricity. 12 units are also separately metered forwater, with additional units capable of conversion on turnover. Major capital improvementsinclude sewer line replacements across all three buildings, roof replacements/improvements,boiler upgrades, remote-viewing security cameras and cashless laundry.Excellent rental location with bus service at the property, approximately two minutes toHighway 401, adjacent to Radio Park and directly adjoining Oshawa Centre.Property may be available through an asset or share purchase structure, subject to buyer legal,tax and lender review.

21 Baths ⋅ E13713090 MLS

Rare opportunity to acquire a 21-unit multi-residential investment property in Oshawacomprising three walk-up apartment buildings at 164 & 172 Westmount St and 399 Elmgrove Ave onan assembled approx. 0.70-acre site adjoining Oshawa Centre and Radio Park.The portfolio includes 18 two-bedroom units, 2 junior one-bedroom units and 1 bachelor, with 30surface parking spaces. Current residential rents total approximately $365,400/year, withapproximately $56,600/year of identified rental income potential as below-market units turnover.All 21 units are separately metered for electricity. 12 units are also separately metered forwater, with additional units capable of conversion on turnover. Major capital improvementsinclude sewer line replacements across all three buildings, roof replacements/improvements,boiler upgrades, remote-viewing security cameras and cashless laundry.Excellent rental location with bus service at the property, approximately two minutes toHighway 401, adjacent to Radio Park and directly adjoining Oshawa Centre.Property may be available through an asset or share purchase structure, subject to buyer legal,tax and lender review.

172 Westmount Street, Oshawa

Prime Commercial Corner Property at the Gateway to Oshawa. One of the last commercial properties between Oshawa and Whitby. Special commercial zoning allows for a number of uses, retail, office, automotive, self-serve storage, retail warehouse etc. Site has approximately four acres of developable land. Services at the road, water, sewer and natural gas. Super high traffic counts, approx 30,000 vehicles per day, Could be great gas station, c/store w/ food site. Approximately 4 Acres of Developable Land. **EXTRAS** Plaza design completed by owner for 32,000 sqft plaza with stand alone drive thru. Close to Oshawa airport, hwy 407, Ontario Tech University. Rare opportunity to purchase this kind of parcel. Do not walk property without appt.

Prime Commercial Corner Property at the Gateway to Oshawa. One of the last commercial properties between Oshawa and Whitby. Special commercial zoning allows for a number of uses, retail, office, automotive, self-serve storage, retail warehouse etc. Site has approximately four acres of developable land. Services at the road, water, sewer and natural gas. Super high traffic counts, approx 30,000 vehicles per day, Could be great gas station, c/store w/ food site. Approximately 4 Acres of Developable Land. **EXTRAS** Plaza design completed by owner for 32,000 sqft plaza with stand alone drive thru. Close to Oshawa airport, hwy 407, Ontario Tech University. Rare opportunity to purchase this kind of parcel. Do not walk property without appt.

1395 Thornton Road N, Oshawa