For Sale · Multifamily

303 - 200 PARK ROAD N, Oshawa (McLaughlin)

303 - 200 PARK ROAD N, Oshawa (McLaughlin), ON L1J4L8

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

93%

About this property

Bright and spacious 1-bedroom apartment featuring a thoughtfully designed layout, updated finishes, and plenty of room to live comfortably. The expansive open-concept living and dining area is filled with natural light, creating an inviting space for relaxing or entertaining. The updated galley kitchen offers modern white cabinetry, ample storage, generous counter space, and room for a breakfast nook or small dining table. The bedroom is well-proportioned with a large wall to wall closet, while the updated flooring and neutral colour palette throughout provide a clean, contemporary feel that's ready for you to make your own. A well-appointed, updated 4-piece bathroom and functional layout make this an ideal unit to call home! An added bonus is the private balcony! Situated in a clean, well-maintained low-rise building, this apartment offers the convenience of a central Oshawa location without the feel of high-rise living. Enjoy a Walk Score of 75, with Oshawa Centre, grocery stores, restaurants, pharmacies, and everyday amenities all within walking distance. A bus stop located directly in front of the building and a Transit Score of 53 provide easy access throughout the city, while Highway 401 is just a 5-minute drive away for a quick commute across Durham Region and the GTA. A fantastic lease opportunity offering comfort, convenience, and exceptional value in an established neighbourhood! (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

43,017

Households

18,845

Median income

$99,500

Median age

43.3

Daytime population

58,586

5-yr growth

4.2%

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

Secure deal room

Confidential diligence documents for 303 - 200 PARK ROAD N, Oshawa (McLaughlin).

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.