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$4,750,000 CAD
172 WESTMOUNT STREET
Oshawa (vanier), Ontario L1J 4X4
Canada
Oshawa (vanier), Ontario L1J 4X4
Canada
2,842.926 m2 ::
30,602 sqft
21 full baths
Residential For Sale, Multi Family
Sale price per sqm: 1,204.07
Remarks:
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. (id:42016)
Location:
172 WESTMOUNT STREET, Oshawa (vanier), Ontario L1J 4X4, Canada
Listed By CENTURY 21 Atria Realty Inc. Brokerage
The Residential For Sale, Multi Family located at 172 WESTMOUNT STREET, Oshawa (vanier), Ontario L1J 4X4, Canada is currently for sale. 172 WESTMOUNT STREET, Oshawa (vanier), Ontario L1J 4X4, Canada is listed for $4,750,000 CAD. This property has 21 full baths and 30,602 sqft. If the property located at 172 WESTMOUNT STREET, Oshawa (vanier), Ontario L1J 4X4, Canada isn't what you're looking for, search Ontario Real Estate to see other Homes For Sale in Oshawa (vanier).





















