Discover a prime investment opportunity in Central Oshawa! This detached two-storey property completely renovated features six modern units (4 one-bedroom and 2 two-bedroom apartments) with a total of 3,743 square feet. This property boasts low expenses dur to no common area and with tenants paying major utilities.

Opportunity To Create And Purchase New Lots Along Rear Of 374 Farewell Street. Cin And R2 Zoning May Support Res Development With Guelph St & Crerar Ave Frontages. See Photo Concept Showing Potential For 6 Semi-Detached Bldgs - 12 Semi-Detached Dwellings. Other Concepts May Be Considered For Up To 3,000 Sq M Of Land, Along Rear Frontage. The Seller Is Looking For A Trusted Development Partner/Buyer To See This Through Land Severance And Development Process.

Water & Storm Sewer Believed To Be Along Guelph/Crerar Frontage, But Without Service Connections. Sanitary Believed To Terminate South Of 365 Guelph St. Buyer To Do Own Due Diligence On Development Potential. Property Taxes Not Yet Assessed

Two side by side Fourplexes consisting of 4 x 1 Bedroom and 4 x 3 bedroom units. Building is approx 30 years of age. Individual units are very large and in great condition. Tremendous upside potential of 62% on overall gross rent. New roof in 2019, Ample onsite parking, Close to all amenities including Oshawa Mall, Lakeridge Hospital, Hwy 401 and Public Transit. Properties can be sold separately as they are not on same title.

255 Tresane Street, Oshawa
Home for Sale

MLS#: E11588908

About this Listing

Listing Details

$8,218
Taxes

39x96
Lot Size

Apartment
Basement

Rooms

Area

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