For Sale · Multifamily

753 ALBERT STREET, Oshawa (Lakeview)

753 ALBERT STREET, Oshawa (Lakeview), ON L1H4T7

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

91%

About this property

Bright and beautifully updated 2-bedroom upper-level suite located on a quiet cul-de-sac in Oshawa's desirable Lakeview community. This modern raised bungalow offers a spacious open- concept layout featuring a stylish kitchen with granite countertops, stainless steel appliances, ample cabinetry, and a sun-filled living and dining area with walkout to the deck. Two generously sized bedrooms, an updated 4-piece bathroom, in-suite laundry, central air conditioning, and separate entrance provide comfort and privacy. Enjoy private parking and a peaceful residential setting just minutes to the Oshawa waterfront, parks, schools, shopping, public transit, Highway 401, GO Transit, and downtown amenities. A fantastic opportunity for professionals, couples, or small families seeking a well-maintained home in a convenient location. Unit has separate heating controls, separate metring. (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

78,870

Households

28,484

Median income

$134,500

Median age

38.9

Daytime population

117,152

5-yr growth

3.9%

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

Secure deal room

Confidential diligence documents for 753 ALBERT STREET, Oshawa (Lakeview).

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.