$1,019,000Asking Price
394 Centre Street S, Oshawa, ON L1H 4B9
Central, Oshawa
Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Sixplex, The Building Is Currently Operating With Five FullyTenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units (Buyer To Verify; Subject ToApprovals). Set On A Quiet, Established Street With Quick Access To Downtown Amenities, Parks, Transit, The GO, And Hwy 401.Self-ContainedApartments Offer Practical Layouts And Good Natural Light; Common Areas Present Well. Laundry Is Located In The Basement, WithOpportunity To Convert To A Coin-Operated System For Additional Income. The Rectangular Lot And Flexible Multi-Residential Zoning SupportLong-Term Hold Strategies And Value-Add Plans. Stable In-Place Income With Clear Upside As Suites Turn And Rents Align With AreaAverages.Estimated Cap. Rate ~6% Based On Current Income/Expenses; Financial Package, Rent Roll, And Floor Plans Available. Ideal TurnkeyAddition To An Existing Portfolio Or A Smart First Multi-Family Step. 48 Hours Notice Required For Showings. Please Respect Residents.Showings By Appointment Only.
Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Sixplex, The Building Is Currently Operating With Five FullyTenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units (Buyer To Verify; Subject ToApprovals). Set On A Quiet, Established Street With Quick Access To Downtown Amenities, Parks, Transit, The GO, And Hwy 401.Self-ContainedApartments Offer Practical Layouts And Good Natural Light; Common Areas Present Well. Laundry Is Located In The Basement, WithOpportunity To Convert To A Coin-Operated System For Additional Income. The Rectangular Lot And Flexible Multi-Residential Zoning SupportLong-Term Hold Strategies And Value-Add Plans. Stable In-Place Income With Clear Upside As Suites Turn And Rents Align With AreaAverages.Estimated Cap. Rate ~6% Based On Current Income/Expenses; Financial Package, Rent Roll, And Floor Plans Available. Ideal TurnkeyAddition To An Existing Portfolio Or A Smart First Multi-Family Step. 48 Hours Notice Required For Showings. Please Respect Residents.Showings By Appointment Only.
See MoreKey Info
- 2.5-Storey Multiplex
- 4 Parking
- No Garage
- Simcoe St S and Avenue St
- 2000-2500 Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Gas Heating
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $5,076 in 2025
- Possession: Flexible
Details
- Brick Exterior
- No Fireplace
- 5 Kitchens
- MLS #E12920964
- ROYAL HERITAGE REALTY LTD.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 2 4-Piece Bathrooms | |||
| 2 4-Piece Bathrooms | |||
| 2 4-Piece Bathrooms | |||
How Far is Too Far?
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Who lives here?
Central, Oshawa is an east GTA neighbourhood notable for its singles, renters and tradespeople. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 34, 25 to 34, 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 69.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
60%
of residents are
single and loving it.
60% singles
Oshawa (47%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
52%
of residents
are renters.
52% renters
Oshawa (32%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
11%
of residents are
university grads.
11% university grads
Oshawa (19%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$64K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 14% |
| Trades | 13% |
| Business | 7% |
| Government | 5% |
| Management | 4% |
Immigrants
14%
of residents were
born outside of Canada.
14% immigrants
Oshawa (18%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
2.3% from UK
All-time
Birthplace - Recent
0.3% from India
Recent
Foreign Languages
Foreign Languages
| French | 2% |
| Polish | 2% |
| Portuguese | 1% |
| Italian | 1% |
| Urdu | 1% |
Religions
Religions
| Christian | 62% |
| Muslim | 2% |
