For Lease · Multifamily

UNIT 1 - 349 ADELAIDE AVENUE W, Oshawa (McLaughlin)

UNIT 1 - 349 ADELAIDE AVENUE W, Oshawa (McLaughlin), ON L1J2R7

Price on request

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Asset Class

Multifamily

Size

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Building class

B

Zoning

RA9 — High Rise

$ / SF

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Occupancy

95%

About this property

Welcome to this beautifully renovated 1-bedroom, 2-bathroom lease in the desirable McLaughlin community of Oshawa! This spacious unit showcases pride of ownership throughout and offers a bright, functional layout ideal for comfortable living. The oversized eat-in kitchen is the heart of the home, featuring ample cabinetry, a large center island with seating, and a walk-out to your own exclusive, fully fenced backyard oasis. Enjoy a spacious stone patio with a charming gazebo, surrounded by generous green space-perfect for relaxing, and enjoying the outdoors in privacy. The open-concept living and dining area is filled with natural light from the large front-facing window, creating a warm and inviting atmosphere. The lower-level bedroom offers a private retreat complete with a luxurious 3-piece ensuite featuring heated floors, direct access to the laundry room, and an abundance of storage space. The friendly, caring, and accommodating landlords take great pride in maintaining the property. Rent includes all utilities (heat, hydro, and water), with the tenant responsible only for cable and internet. Two driveway parking spaces are included. The garage is a shared common area. An exceptional opportunity to lease a thoughtfully updated home in a convenient location close to schools, parks, shopping, transit, and all amenities. (id:66811)

Financial sandbox

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Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$83K

Annual cash flow

$-511

Cash-on-cash

-0.11%

DSCR

0.99

Going-in cap

5.51%

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

99,023

Households

37,682

Median income

$72,000

Median age

41.3

Daytime population

140,019

5-yr growth

4.4%

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

Secure deal room

Confidential diligence documents for UNIT 1 - 349 ADELAIDE AVENUE W, 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.