12-unit multi-residential investment opportunity in Oshawa featuring 11 two-bedroom units and 1 bachelor on an approx. 0.305-acre site with 12 surface parking spaces. Current residential rents total approximately $204,948/year, with approximately $39,828/year of identified rental income potential as below-market units turn over. All units are separately metered for electricity. 8 units are separately metered for water, with the remaining capable of conversion on turnover. Building systems include a gas boiler installed in 2022, owned hot water equipment, cashless laundry and a fire alarm system.Convenient location approximately five minutes to Highway 401, close to local retail and within walking distance of Oshawa Centre. Buyer to verify all measurements, zoning, income, expensesand property information. (id:15069)
| Business Type | Residential |
| Business Sub Type | Apartments |
| Name | 316 Saguenay Avenue |
| MLS® Number | E13713026 |
| Property Type | Multi-family |
| Neigbourhood | McLaughlin |
| Community Name | Vanier |
| Amenities Near By | Highway |
| Features | Irregular Lot Size |
| Parking Space Total | 12 |
| Bathroom Total | 12 |
| Age | 51 To 99 Years |
| Appliances | Alarm System, Dryer, Water Heater, Washer, Water Meter |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 34,848 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
| Acreage | No |
| Land Amenities | Highway |
| Size Depth | 120 Ft |
| Size Frontage | 110 Ft ,5 In |
| Size Irregular | 110.44 X 120 Ft |
| Size Total Text | 110.44 X 120 Ft |
| Zoning Description | R2 / R3-a / R6-b |
https://www.realtor.ca/real-estate/30198246/316-saguenay-avenue-oshawa-vanier-vanier
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