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$1,049,990Asking Price

394 Centre Street S, Oshawa, ON L1H 4B9

Central, Oshawa

Multiplex
3
Bedrooms
6
Baths
4
Parking
Day on Market

Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Sixplex, The Building Is Currently Operating With Five Fully Tenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units (Buyer To Verify; Subject To Approvals). Set On A Quiet, Established Street With Quick Access To Downtown Amenities, Parks, Transit, The GO, And Hwy 401.Self-Contained Apartments Offer Practical Layouts And Good Natural Light; Common Areas Present Well. Laundry Is Located In The Basement, With Opportunity To Convert To A Coin-Operated System For Additional Income. The Rectangular Lot And Flexible Multi-Residential Zoning Support Long-Term Hold Strategies And Value-Add Plans. Stable In-Place Income With Clear Upside As Suites Turn And Rents Align With Area Averages.Estimated Cap. Rate ~6% Based On Current Income/Expenses; Financial Package, Rent Roll, And Floor Plans Available. Ideal Turnkey Addition To An Existing Portfolio Or A Smart First Multi-Family Step. 48 Hours Notice Required For Showings. Please Respect Residents. Showings By Appointment Only.

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Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Sixplex, The Building Is Currently Operating With Five Fully Tenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units (Buyer To Verify; Subject To Approvals). Set On A Quiet, Established Street With Quick Access To Downtown Amenities, Parks, Transit, The GO, And Hwy 401.Self-Contained Apartments Offer Practical Layouts And Good Natural Light; Common Areas Present Well. Laundry Is Located In The Basement, With Opportunity To Convert To A Coin-Operated System For Additional Income. The Rectangular Lot And Flexible Multi-Residential Zoning Support Long-Term Hold Strategies And Value-Add Plans. Stable In-Place Income With Clear Upside As Suites Turn And Rents Align With Area Averages.Estimated Cap. Rate ~6% Based On Current Income/Expenses; Financial Package, Rent Roll, And Floor Plans Available. Ideal Turnkey Addition To An Existing Portfolio Or A Smart First Multi-Family Step. 48 Hours Notice Required For Showings. Please Respect Residents. Showings By Appointment Only.

Key Info

  • 2.5-Storey Multiplex
  • 4 Parking
  • No Garage
  • c
  • 2000-2500 Approximate Sq Feet
  • 100+ Years Approximate Age
  • No Ensuite Laundry
  • Forced Air Gas Heating

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $5,076 in 2025
  • Possession: FLEXIBLE

Details

  • Brick/Vinyl Siding Exterior
  • No Fireplace
  • 5 Kitchens
  •  
  • MLS #E12398835
  • LAND & GATE REAL ESTATE INC.

Extras

Room Floor Dimensions Details
Washroom6 4-Piece Bathrooms

Who lives here?

Central, Oshawa is an east GTA neighbourhood notable for its singles, renters and tradespeople. Residents tend to be older with a significant number of youth aged 20 to 24, adults aged 25 to 34, 25 to 34, 25 to 34, 25 to 34 and 25 to 34 and seniors aged 65 to 69.

Families

Kids Per Family

1.1

kids per family
in the neighbourhood.

Oshawa  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

60% of residents are
single and loving it.

60% singles

Oshawa (47%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

52% of residents
are renters.

52% renters

Oshawa (32%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

11% of residents are
university grads.

11% university grads

Oshawa (19%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$64K

is the average household
income in the neighbourhood.

Oshawa  ($99K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 14%
Trades 13%
Business 7%
Government 5%
Management 4%

Immigrants

14% of residents were
born outside of Canada.

14% immigrants

Oshawa (18%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

UK was once home to 2.3% of immigrants.
Caribbean 1.3%
Poland 0.8%
Philippines 0.8%
Jamaica 0.8%

2.3% from UK
All-time

Birthplace - Recent

India was once home to 0.3% of immigrants.
Philippines 0.3%
UK 0.2%
Other South America 0.2%
Pakistan 0.1%

0.3% from India
Recent

Foreign Languages

Foreign Languages

French 2%
Polish 2%
Portuguese 1%
Italian 1%
Urdu 1%

Religions

Religions

Christian 62%
Muslim 2%