394 Centre Street

394 Centre Street, Oshawa, ON L1H 4B9
1 Months Back Posted
Sell

$999,900

Overview

Type:

Multiplex

Area:

2000-2500 sq ft (Living Area)

Beds:

3 Bedrooms

Baths:

6 Bathrooms

Furnished:

No

Parking:

None

Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Six plex, The Building Is Currently Operating With Five Fully Tenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units 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, With Opportunity To Convert To A Coin-Operated System For Additional Income. The Rectangular Lot And Flexible Multi-Residential Zoning Support Long-Term Hold Strategies And Value-Add Plans. Stable In-Place Income With Clear Upside As Suites Turn And Rents Align With Area Averages .Estimated Cap. Rate ~6% Based On Current Income/Expenses; Financial Package, Rent Roll, And Floor Plans Available. Ideal Turnkey Addition To An Existing Portfolio Or A Smart First Multi-Family Step. 48 Hours Notice Required For Showings. Please Respect Residents. Showings By Appointment Only.

Property Units

3 Bedrooms

1 Unit
  • $999,900 6 Baths 2000-2500 sq ft (Living Area) Mar 25th 2026

Property Details

  • Property Type: Residential Freehold
  • Property Sub Type: Multiplex
  • Lease Terms: N/A
  • Parking Spots: 4
  • Short Term: No
  • Furnished: No
  • Year Built: N/A
  • # of Floors: N/A
  • # of units: 1
  • MLS: E12920964

Features

Storage
Water Heater Owned
None

Nearby Amenities

  • Schools
  • Bus Stations
  • Restaurants
  • Pharmacies
  • Gyms
  • Supermarkets
  • Hospitals
  • Parks
  • Cafes
  • Convenience Stores
  • Gas Stations
  • Laundromats
  • Bars
  • Banks

May lee

Sales Representative At Right At Home Realty

Request A Tour

Mortgage Calculator

Monthly Payment
Principal
Interest on Amortization Period
CMHC Insurance
PST on Mortgage Insurance
Total
Property Price
Interest Rate
%
Down Payment
Amortization

Mortgage Calculator Disclaimer:

Important Disclaimer

Our mortgage calculator provides approximate estimates based solely on the information you enter, designed for illustrative purposes to help you explore options. These results do not constitute personalized financial advice, and May Lee makes no representations or warranties regarding their accuracy or completeness.

Key Assumptions

Calculations presume timely payments, a fixed interest rate throughout the amortization period (though rates may fluctuate in reality), and no changes to your financial situation. Opting for accelerated weekly or bi-weekly payments effectively adds one extra monthly payment annually, potentially shortening your amortization—subject to lender terms and conditions.

Prepayment and Insurance Notes

Prepayment privileges differ by lender; please review your mortgage documents for specifics, especially if switching providers. This tool does not provide binding quotes. Mortgage insurance estimates are illustrative only, varying by age, number of borrowers, coverage type, and provincial taxes—eligibility criteria apply.

Your Next Steps

For tailored guidance and peace of mind, we encourage consulting a licensed mortgage professional or certified financial advisor to ensure decisions align with your unique needs and protect your financial security. Your trust matters to us.

Your Dream Home Awaits — Let’s Connect!

Welcome Back!

Sign in to access your wishlist, compare properties, and explore more about properties.

Create Your Free Account

Sign up to save favorite properties, compare options, and explore more details about properties.

Forgot Your Password?

No worries — reset it in just a few steps.