$1,019,000
FOR SALE

Multiplex

Bedrooms: 3Bathrooms: 6Lot: 52.75 x 82 ft

394 Centre Street S
Oshawa (Central), ON L1H 4B9

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. (id:47421)
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Listed By ROYAL HERITAGE REALTY LTD.
Data Provided By Central Lakes Association of REALTORS®
MLS® Listing Number E12920964
Last Updated Apr 15, 2026
Property Summary
Property Type Multiplex

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Community Central
Price History

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Detailed Information
Bedrooms 3
Bathrooms 6
Lot 52.75 x 82 ft
Amenities Nearby Public Transit
Community Features School Bus
Features Cul-de-sac
Listing Contract Date 2026-03-25
Location Description Cross Streets: Simcoe St S and Avenue St. ** Directions: From Simcoe St S & Avenue St, goeast on Avenue one block, turn right(south) on Centre St S. 394 CentreSt S is on the right, just past thecorner.
# of Parking Spaces 4
Property Type Multi-family
Transaction Type For sale
Zoning Description R3-A/R5-B/R7-A
Building
Appliances Water Heater, Dryer, Stove, Washer, Refrigerator
Basement Development Unfinished
Basement Type Full (Unfinished)
Cooling Type Window air conditioner
Exterior Finish Brick
Fire Protection Smoke Detectors
Foundation Type Stone
Heating Fuel Natural gas
Heating Type Forced air
Stories Total 2.5
Type Other
Utility Water Municipal water
Rooms
Room Level Dimensions Notes
BedroomSecond level6 m x 7 m
Parking Spaces
Name Spaces
No Garage
Utilities
Type Description
CableAvailable
ElectricityInstalled
SewerInstalled
Land
Total Size 52.8 x 82 FT
Amenities Public Transit
Sewer Sanitary sewer
Size of Irregular Land 52.8 x 82 FT

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