1-6 - 117 CROMWELL AVENUE, Oshawa (Vanier), Ontario, CA

Address: 1-6 - 117 CROMWELL AVENUE, Oshawa (Vanier), Ontario

0 Beds0 Baths0 sqftStatus: Buy
Price $1,485,000

Property Overview


Turnkey 6-Plex in Prime Location. 6 Apartment Units with Below-Market Rents & Upside Potential An outstanding opportunity to acquire a fully turnkey 6-unit multi-plex offering below-market rents, strong fundamentals, and value-add potential. This all brick building features five (5) 2-bedroom, 1-bath units and one (1) 1 Bedroom , 1 bath additional Bachelor unit, all located in a highly desirable rental area just minutes from Highway 401, public transit, parks, and the Oshawa Centre. Whether you're an experienced investor looking to expand your portfolio or entering the multi residential space for the first time, this property checks all the boxes: recent upgrades, low-maintenance operations, stable tenant base, and attractive below-market rents that provide immediate room for income growth. The low vacancy rate and excellent location contribute to reliable long-term cash flow. An on-site coin-operated laundry room adds supplemental monthly income, and eight surface parking spaces increase overall tenant appeal. With updated units and minimal ongoing capital expense, this property offers an ideal blend of financial stability and growth opportunity. Vendor Take Back Mortgage may be available to the right buyer. (id:51532)

 

Tags




Property Summary
Property Type
Multi-family
Building Type
Multi-Family
Community Name
Vanier
Land Size
80 x 115 FT
Building
Interior Features
Appliances Included
Dryer, Water Heater, Washer
Building Features
Rental Equipment
Water Heater
Heating & Cooling
Heating Type
Other
Utilities
Water
Municipal water
Parking
Total Parking Spaces
8
Land
Other Property Information
Zoning Description
R3-A/R5-A
Features
           Dryer            Water Heater            Washer
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Your Home Finance Calculation

Property Price CA $1,485,000
Bank Loan Amount CA $0
Monthly Installment CA $0

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