MAIN - 225 HIGHLAND AVENUE, Oshawa (Central)MAIN - 225 HIGHLAND AVENUE, Oshawa (Central) — photo 2MAIN - 225 HIGHLAND AVENUE, Oshawa (Central) — photo 3MAIN - 225 HIGHLAND AVENUE, Oshawa (Central) — photo 4MAIN - 225 HIGHLAND AVENUE, Oshawa (Central) — photo 5MAIN - 225 HIGHLAND AVENUE, Oshawa (Central) — photo 6MAIN - 225 HIGHLAND AVENUE, Oshawa (Central) — photo 7MAIN - 225 HIGHLAND AVENUE, Oshawa (Central) — photo 8MAIN - 225 HIGHLAND AVENUE, Oshawa (Central) — photo 9MAIN - 225 HIGHLAND AVENUE, Oshawa (Central) — photo 10MAIN - 225 HIGHLAND AVENUE, Oshawa (Central) — photo 11MAIN - 225 HIGHLAND AVENUE, Oshawa (Central) — photo 12MAIN - 225 HIGHLAND AVENUE, Oshawa (Central) — photo 13
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For Lease · Multifamily

MAIN - 225 HIGHLAND AVENUE, Oshawa (Central)

MAIN - 225 HIGHLAND AVENUE, Oshawa (Central), ON L1H6A7

Price on request

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Asset Class

Multifamily

Size

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Building class

C

Zoning

RF6 — Medium Density

$ / SF

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Occupancy

91%

About this property

Bright And Spacious Main Floor Unit Of A Legal Duplex For Lease. Features 2 Bedrooms, 1 Bathroom, Open-Concept Kitchen/Living/Dining Area, Modern Kitchen With Beautiful Cabinetry And Stainless Steel Appliances, 4-Pc Bath, Central A/C And In-Suite Washer/Dryer. Direct Access To Exclusive Fenced Backyard And Storage Shed. 1 Parking Spot Included, Additional Parking May Be Available Upon Request. Quiet Family-Friendly Street Close To Schools, Parks, Churches, Costco, Tribute Communities Centre, Oshawa Centre And Hwy 401. Rent $2,300/Month. Available Aug 1. Tenant Pays Separately Metered Hydro Plus 60% Gas And Water. Tenant Responsible For Snow Removal And Grass Cutting. Requirements: Rental Application, Photo IDs, Credit Reports, Proof Of Employment/Income For All Adults, First And Last Month's Rent Plus Key Deposit. Currently Tenanted; Min. 24 Hrs Notice Required For Showings. Vacant After Nov 12. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy91%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$77K

Annual cash flow

$-6K

Cash-on-cash

-1.26%

DSCR

0.93

Going-in cap

5.16%

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

127,473

Households

56,501

Median income

$110,500

Median age

33.3

Daytime population

147,830

5-yr growth

9.3%

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

Secure deal room

Confidential diligence documents for MAIN - 225 HIGHLAND AVENUE, Oshawa (Central).

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.