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$3,450,000Asking Price

169 MAURICE Drive, Oakville, ON L6K 2W8

Old Oakville, Oakville

Multiplex
7 + 4
Bedrooms
11
Baths
12
Parking
Days on Market

This well-maintained 11-unit apartment building presents a prime investment opportunity, featuring a balanced mix of 7 two-bedroom units and 4 one-bedroom units, catering to a diverse range of tenants. The property has undergone significant upgrades, including a new roof and windows installed in 2013, ensuring long-term durability and minimizing future maintenance expenses. With a variety of unit sizes, the building offers excellent rental potential, appealing to both affordable and mid-range tenants. The properties manageable scale, coupled with recent improvements, provides a low-maintenance investment with strong cash flow prospects in a growing rental market. This is an ideal opportunity for investors seeking a stable, income-generating asset with minimal ongoing operational demands

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This well-maintained 11-unit apartment building presents a prime investment opportunity, featuring a balanced mix of 7 two-bedroom units and 4 one-bedroom units, catering to a diverse range of tenants. The property has undergone significant upgrades, including a new roof and windows installed in 2013, ensuring long-term durability and minimizing future maintenance expenses. With a variety of unit sizes, the building offers excellent rental potential, appealing to both affordable and mid-range tenants. The properties manageable scale, coupled with recent improvements, provides a low-maintenance investment with strong cash flow prospects in a growing rental market. This is an ideal opportunity for investors seeking a stable, income-generating asset with minimal ongoing operational demands

Key Info

  • Other Multiplex
  • 4+ Parking
  • No Garage
  • REBECCA STREET AND DORVAL DRIVE
  • 51-99 Years Approximate Age
  • No Ensuite Laundry
  • HeatPump

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $20,910 in 2024
  • Possession: IMMEDIATE/TBA

Details

  • Brick Exterior
  • No Fireplace
  • 11 Kitchens
  •  
  • MLS #W11956016
  • HOMELIFE/RESPONSE REALTY INC.

Extras

Room Floor Dimensions Details
Washroom2 4-Piece Bathrooms on Main Floor
Washroom4 4-Piece Bathrooms
Washroom4 4-Piece Bathrooms
Washroom1 3-Piece Bathroom

Who lives here?

Old Oakville, Oakville is a west GTA neighbourhood notable for its singles, renters and salespeople. It has a higher than average population of immigrants from the UK. Residents tend to be older with a significant number of adults aged 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 79.

Families

Kids Per Family

1.0

kids per family
in the neighbourhood.

Oakville  (1.3)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

47% of residents are
single and loving it.

47% singles

Oakville (40%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

47% of residents
are renters.

47% renters

Oakville (19%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

51% of residents are
university grads.

51% university grads

Oakville (56%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$262K

is the average household
income in the neighbourhood.

Oakville  ($202K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 14%
Business 10%
Management 10%
Government 7%
Trades 4%

Immigrants

35% of residents were
born outside of Canada.

35% immigrants

Oakville (37%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 5.7% of immigrants.
Philippines 3.9%
China 1.7%
Portugal 1.7%
India 1.7%

5.7% from UK
All-time

Birthplace - Recent

Philippines was once home to 1.5% of immigrants.
China 1.0%
India 0.8%
UK 0.5%
USA 0.3%

1.5% from Philippines
Recent

Foreign Languages

Foreign Languages

Portuguese 2%
Mandarin 2%
Tagalog 2%
French 2%
Arabic 2%

Religions

Religions

Christian 67%
Muslim 3%
Hindu 2%
Jewish 1%