For Sale · Multifamily

343 FRONTENAC AVENUE, Oshawa (Vanier)

343 FRONTENAC AVENUE, Oshawa (Vanier), ON L1J2A7

$849,900 total

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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

86%

About this property

Legal Triplex in good location, walking distance to Oshawa Shopping Centre. Stable tenants. 2- 2 bdrm apts, 1-1 bdrm apts. Rents: Gross Annual rents of $49,994.40. Annual increase to take effect January 1st, 2027. Expenses for 2025 - Insurance $1,754.00, Natural Gas $1,417.5, Water and Sewer $1,632.55. Electricity $841.69. Each tenant pays their own electricity. There are separate hydro meters. Garage in backyard, storage lockers in laundry room, coin operated washer/dryer. Well maintained building. In 2025, replaced sewer lines to the street under the building, $30,000 spent in new, upgraded drainage pipes, in 2026 concrete work completed in backyard costing $7,000. (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$850K
Down payment30% · $255K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$4K

Projected NOI

$24K

Annual cash flow

$-23K

Cash-on-cash

-9.00%

DSCR

0.51

Going-in cap

2.84%

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

136,297

Households

47,064

Median income

$116,000

Median age

35.3

Daytime population

173,276

5-yr growth

6.2%

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

Secure deal room

Confidential diligence documents for 343 FRONTENAC AVENUE, Oshawa (Vanier).

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.