$1,019,000
394 CENTRE STREET S
Beds
3
Baths
6
Sqft
—
Year
—
Location
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Open the map for street view, commute checks, and nearby schools, groceries, mosques, parks, and transit stops.
About this home
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:65958)
- Subtype
- Multi-family
- Structure
- Other
- Community
- Central
- Lot dimensions
- 52.8 x 82 FT
- Bedrooms
- 3 above grade
- Parking
- 4 total
- Stories
- 2.5
- On market
- Mar 25, 2026
- Status changed
- Apr 15, 2026
- Annual tax
- $5,076 (2025)
- Zoning
- R3-A/R5-B/R7-A
- Photos
- 15
- MLS#
- E12920964
- Area
- OSHAWA_(CENTRAL)
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
Community
Utilities
Security
Cash on cash
-11.64%
Cap rate
3.56%
GRM
16.7
Break-even rent
$7,181
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Lifestyle nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Oshawa (Central). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 15, 2026.