For Lease · Multifamily

176 BRUCE STREET, Oshawa (Central)

176 BRUCE STREET, Oshawa (Central), ON L1H1R3

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

90%

About this property

Beautiful 3Br For Lease In The Heart Of Oshawa - $2,500/M. Welcome To An Incredible Opportunity To Lease A Conveniently Located 3Br Home Offering Comfort, Convenience, And Exceptional Accessibility! This Home Offers A Practical And Comfortable Layout Ideal For Families, Working Professionals, Or Students Looking To Enjoy Everything Downtown Oshawa Has To Offer. Main Floor Laundry, Making Everyday Living That Much Easier. Step Outside And Discover A Beautiful, Fully Fenced Backyard, The Perfect Place To Relax, Entertain, Enjoy Your Morning Coffee, Or Unwind After A Long Day. 3 Min Walk To On Tech Uni - An Exceptional Location For Students, Faculty, And Uni Professionals. 5 Min Walk To Public Transit, Making Commuting And Getting Around Oshawa. 5 Min Walk To Tim Hortons For Your Morning Coffee. Only 15 Min Walk To No Frills Or Costco. Convenient Access To Shopping Ctrs, Restaurants, Entertainment, And Other Everyday Amenities. The Neighbourhood Offers Much More Than Convenience. Explore The Cultural Attractions Of The Area, Including The Historic Regent Theatre, The Renowned Robert McLaughlin Gallery, And The McLaughlin Public Library. Adding Even More Excitement To The Area Is The Ongoing Investment And Revitalization Of Downtown Oshawa, Including The Foundry District, A Major New Mixed-Use Residential Development Planned Along Bruce Street. This Growing Downtown Community Continues To Attract Students, Professionals, Businesses, And New Investment. Whether You're A University Student Looking For An Unbeatable Location, A Professional Seeking Convenient Commuting Options, Or A Family Wanting Comfortable Main-Floor Living, This Property Offers An Excellent Opportunity To Enjoy The Best Of Urban Convenience. Rent: $2,500/M + 60% Of Utilities. Don't Miss This Opportunity. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$1.50M
Down payment30% · $450K
Interest rate6.25%
Amortization25 years
Occupancy90%
Expense growth2.5%

Monthly debt service

$7K

Projected NOI

$76K

Annual cash flow

$-7K

Cash-on-cash

-1.54%

DSCR

0.92

Going-in cap

5.08%

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

110,665

Households

46,838

Median income

$68,500

Median age

41.1

Daytime population

131,109

5-yr growth

8.5%

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

Secure deal room

Confidential diligence documents for 176 BRUCE STREET, 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.