For Sale · Multifamily

1 - 169 MARY STREET N, Oshawa (O'Neill)

1 - 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

B

Zoning

RA8 — Medium Rise

$ / SF

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Occupancy

93%

About this property

Welcome to 169 Mary St. N., a charming 3-bedroom apartment located on the second 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 three bedrooms, a 4-piece bathroom, dining area and comfortable living space ideal for families, professionals, or students looking for a convenient place to call home.Enjoy the added convenience of in-unit laundry, so there's no need to leave home 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: 3 bedrooms, 1 bathroom, Second-floor unit in a 2-storey triplex, In-unit laundry, 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
Occupancy93%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$80K

Annual cash flow

$-3K

Cash-on-cash

-0.69%

DSCR

0.96

Going-in cap

5.34%

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

41,119

Households

16,205

Median income

$84,000

Median age

43.9

Daytime population

53,250

5-yr growth

1.3%

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

Secure deal room

Confidential diligence documents for 1 - 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.