394 Centre Street S
Oshawa (Central), ON L1H 4B9
- 3Bedrooms
- 6Bathrooms
- 4Parking
- 2000–2500Sq Ft
- $5,076Tax
- 53×82 ftLot Size
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About 394 Centre Street S, Oshawa, Central
Summarized Description
- Rare six plex investment opportunity in Oshawa.
- Five fully tenanted units with stable income.
- Potential to reconfigure back to six units.
- Good natural light in self-contained apartments.
- Coin-operated laundry could increase income.
- Flexible zoning supports long-term investment strategies.
- Estimated cap rate of approximately 6%.
- Ideal for first-time multi-family investors.
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.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $5,076
- Land Transfer Tax Fee
- $15,473
Rental Items
- Rental Equipment
- None
- Basement Type
- Full, Unfinished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- Storage, Water Heater Owned
- Security Features
- Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Property Features
- Cul de Sac/Dead End, Public Transit, School Bus Route
Building
- Building Type
- Multiplex
- Building Style
- 2 1/2 Storey
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 52.75 ft
- Lot Depth
- 82.00 ft
- Lot Size
- 4325.5
Inclusions
- Inclusions
- 5 Fridges, 5 Stoves, 1 Washer, 1 Dryer
Exclusions
- Exclusions
- Tenants Personal Items
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 4
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Window Unit(s)
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Available
- Telephone
- Available
- Bedrooms
- 3
- Washrooms
- 6
- Kitchens
- 5
Room sizes
- Bedroom—Second level
Washrooms
- 4-piece
- 4-piece
- 4-piece
- Municipality
- Oshawa
- Neighbourhood
- Central
- Main cross streets
- Simcoe St S and Avenue St
- Zoning
- R3-A/R5-B/R7-A
- Directions
- From Simcoe St S & Avenue St, go east on Avenue one block, turn right(south) on Centre St S. 394 Centre St S is on the right, just past the corner.
- Waterfront
- None
- MLS® number
- E13493858
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-25
- Listed on
- 2026-06-26
- Days on market
- 91 days
- Possession type
- 60-89 days
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- ROYAL HERITAGE REALTY LTD.
Home Market Value
Current home valuation for 394 Centre Street S, Oshawa, Central, Oshawa, ON. Listed for $949,900
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 394 Centre Street S, Oshawa, Central
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $449,900 over $500K
$69,990
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $35,184 | $26,502 | $22,608 | $0 |
=Total mortgage | $914,791 | $881,412 | $830,023 | $759,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $4,466monthly | $4,303monthly | $4,053monthly | $3,710monthly |
Land Transfer Tax
$15,473
$15,473
Around this home
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