For Sale · Multifamily

3 - 169 MARY STREET N, Oshawa (O'Neill)

3 - 169 MARY STREET N, Oshawa (O'Neill), ON L1G5C1

Price on request

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Asset Class

Multifamily

Size

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Building class

A

Zoning

RA9 — High Rise

$ / SF

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Occupancy

98%

About this property

Welcome to 169 Mary St. N., a charming 1 bedroom apartment located on the main floor of a well-maintained 2-storey triplex in Oshawa's sought-after O'Neill community. This bright and inviting unit offers a practical layout with one bedroom, a 4-piece bathroom, and comfortable living space ideal for single person/couple, professionals, or students looking for a convenient place to call home. Enjoy the added convenience of coin laundry(shared), so there's no need to leave the property for laundry day. The unit also includes one dedicated parking space. The location is a standout feature. Situated close to downtown Oshawa, residents are within easy reach of everyday shopping, grocery stores, restaurants, cafés and other amenities. Nearby options include No Frills, Bulk Barn and a variety of local shops and services. Students and educators will appreciate the proximity to Oshawa's post-secondary institutions, including the downtown presence of Ontario Tech University and Trent University Durham GTA, with Durham College and Ontario Tech's main North Oshawa campus also accessible by transit. Commuting is convenient with Durham Region Transit stops nearby, while GO Transit connections are also available in the surrounding downtown/O'Neill area. Features: 1 bedroom,1 bathroom, Main-floor unit in a 2-storey triplex, 1 parking space, Bright and functional living space, Convenient O'Neill location, Close to shopping, restaurants, schools and parks, Convenient access to public transit and post-secondary campuses, Tenant pays 50% of utilities. A great opportunity to live in a central Oshawa neighbourhood with everyday conveniences, education and transit all close at hand. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy98%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$86K

Annual cash flow

$3K

Cash-on-cash

0.74%

DSCR

1.04

Going-in cap

5.76%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

54,989

Households

21,928

Median income

$103,000

Median age

33

Daytime population

81,030

5-yr growth

2.2%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 3 - 169 MARY STREET N, Oshawa (O'Neill).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.