$2,600,000
For sale: Multiplex

12-unit multi-residential investment opportunity in Oshawa featuring 11 two-bedroom units and 1 bachelor on an approx. 0.305-acre site with 12 surface parking spaces. Current residential rents total approximately $204,948/year, with approximately $39,828/year of identified rental income potential as below-market units turn over. All units are separately metered for electricity. 8 units are separately metered for water, with the remaining capable of conversion on turnover. Building systems include a gas boiler installed in 2022, owned hot water equipment, cashless laundry and a fire alarm system.Convenient location approximately five minutes to Highway 401, close to local retail and within walking distance of Oshawa Centre. Buyer to verify all measurements, zoning, income, expensesand property information.
Sold data
Multiplex homes in Oshawa (Vanier) took a median of 40 days to sell over the last 365 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 72, across 36 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 94 days.
The median sale price was $749,950.
Homes sold for about 4.2% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 36 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Oshawa (Vanier) has 49 Fraser Institute–rated schools (42 elementary and 7 secondary), averaging 5.0/10.
School ratings from the Fraser Institute's Ontario school report cards.
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