$1,125,000Asking Price
176 Nassau St
Vanier, Oshawa
Welcome to your next investment opportunity. This property has a large Modern legal non conforming fourplex. This Building has 2 (3 Bedroom 2 Bath Units) and 2 (1 Bedroom 1 Bath Units). Mixed with great long term tenants and newer tenants. Offering a generous 4.5 Cap Rate at current rents with ability to bring to a 6.2 Cap Rate at market rent. See Rent / Expense Statement and Floor Plans Attached. 176 Nassau and 180 Nassau are registered separately but seller would like them to be purchased together, which offers a great opportunity to a diligent investor. See 180 Nassau MLS#E11967924. Properties are in a great area, close to 401, public transit, parks, shopping and more!
Welcome to your next investment opportunity. This property has a large Modern legal non conforming fourplex. This Building has 2 (3 Bedroom 2 Bath Units) and 2 (1 Bedroom 1 Bath Units). Mixed with great long term tenants and newer tenants. Offering a generous 4.5 Cap Rate at current rents with ability to bring to a 6.2 Cap Rate at market rent. See Rent / Expense Statement and Floor Plans Attached. 176 Nassau and 180 Nassau are registered separately but seller would like them to be purchased together, which offers a great opportunity to a diligent investor. See 180 Nassau MLS#E11967924. Properties are in a great area, close to 401, public transit, parks, shopping and more!
See MoreKey Info
- 2-Storey Fourplex
- 4 Parking
- No Garage
- Park Rd S / Gibb St
- Baseboard Electric Heating
- No A/C
Property
- Taxes were $8,164 in 2024
- Possession: TBA
Details
- Brick Exterior
- No Fireplace
- 4 Kitchens
- MLS #E11967883
- DAN PLOWMAN TEAM REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
 | 4 4-Piece Bathrooms on Main Floor | |||
| 2 2-Piece Bathrooms on Main Floor | |||
How Far is Too Far?
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Who lives here?
Vanier, Oshawa is an east GTA neighbourhood notable for its singles, renters, salespeople and tradespeople. Residents tend to be older with a significant number of adults aged 25 to 34, 25 to 34, 25 to 34, 25 to 34, 25 to 34 and 25 to 34.
Families
Kids Per Family
1.0
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
55%
of residents are
single and loving it.
55% singles
Oshawa (47%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
47%
of residents
are renters.
47% renters
Oshawa (32%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
8%
of residents are
university grads.
8% university grads
Oshawa (19%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$76K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Sales | 19% |
| Trades | 13% |
| Business | 9% |
| Government | 5% |
| Manufacturing | 5% |
Immigrants
14%
of residents were
born outside of Canada.
14% immigrants
Oshawa (18%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
2.7% from Caribbean
All-time
Birthplace - Recent
0.6% from Philippines
Recent
Foreign Languages
Foreign Languages
| French | 3% |
| Spanish | 1% |
| Tagalog | 1% |
| Italian | 1% |
| Polish | 1% |
Religions
Religions
| Christian | 63% |
| Muslim | 1% |
| Buddhist | 1% |
