180 Nipigon Street

Oshawa, ONMulti-family
$1,350,000
MLS® E13829936
Multi-family11 beds6 baths9 total
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About This Property

Exceptional Investment Opportunity in Oshawa! Fully occupied 6-unit brick multiplex offering an attractive combination of stable in-place income and significant future upside. The property features five spacious 2-bedroom units and one 1-bedroom unit, all fully self-contained, with designated parking and an on-site laundry facility.Tenants pay their own hydro and hot water, providing an efficient expense structure for investors. Rents offer substantial upside, creating an excellent opportunity to increase cash flow and enhance the property's income potential over time. Well maintained and located in a highly convenient Oshawa neighbourhood, this property is ideally positioned near Costco, Oshawa Centre, Ontario Tech University, golf courses, Highway 401, GO Transit, public transit, schools, shopping, and everyday amenities.A compelling opportunity to acquire a fully occupied, income-producing multiplex with built-in rental upside in a strong and convenient location. Ideal for investors looking to add a multi-residential asset with immediate occupancy and long-term income-growth potential to their portfolio. (id:63604)

Key Facts

Type
Multi-family
Beds
11
Baths
6
Size
3,500 sqft
Lot
71 x 105.9 FT
Parking
9 total
Property Details 12 details
Bedrooms
11 bedrooms
11 above grade
Bathrooms
6 bathrooms
Parking
9 parking spaces
No Garage
Living area
3,500 - 5,000 sq. ft.
Property
Multi-family
Property subtype
Multi-family
Structure type
Other
Storeys
2
Basement
Apartment in basement
Heating
Radiant heat, Natural gas
Fireplace
No
Lot dimensions
71 x 105.9 FT
Frontage
71 feet
Taxes
$10,791.09 (2,025)
Water source
Municipal water
Sewer
Sanitary sewer

Exterior features

BrickConcrete
Mortgage & Affordability Estimate monthly costs
Purchase price$1,350,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
McLaughlin
City
Oshawa
Postal code
L1J 4N5
Nearby
Adelaide Ave W & Gibbons St