1/19393 KING STREET E, Oshawa (Central)
393 KING STREET E, Oshawa (Central), ON L1H1E3
$1.1M total
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Asset Class
Multifamily
Size
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Building class
B
Zoning
RF6 — Medium Density
$ / SF
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Occupancy
88%
About this property
Welcome to 393 King St, Oshawa! This incredible multiplex with 5 units presents an unbeatable investment opportunity in a prime location. Each unit features separate meters, allowing tenants to pay for their own hydro consumption, reducing your overhead costs. This setup offers a hassle-free management experience while maximizing your potential returns The property boasts a spacious driveway with conveniently labeled parking spots, ensuring ample parking for both tenants and visitors. This feature adds a significant advantage, enhancing the overall convenience and desirability of the property.Investors looking to capitalize on the thriving Oshawa real estate market will find this multiplex to be an exceptional opportunity. Don't miss out on this remarkable investment opportunity at 393 King St! (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$5K
Projected NOI
$35K
Annual cash flow
$-26K
Cash-on-cash
-8.00%
DSCR
0.57
Going-in cap
3.14%
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
136,933
Households
53,298
Median income
$99,500
Median age
31.1
Daytime population
142,113
5-yr growth
8.2%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 393 KING STREET E, Oshawa (Central).
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.