Oshawa, O'Neill, L1G 5C9
$1,150,000
Listed by RE/MAX JAZZ INC..
Don't miss this exceptional investment opportunity in the heart of O'Neill, one of Oshawa's most desirable neighbourhoods. This legal 4-plex, rarely offered, boasts four renovated units: two updated 2-bedroom apartments and two modern bachelor units. Each unit has been thoughtfully upgraded with new interior finishes, for hassle-free ownership. The building features a fully replaced electrical system throughout with ESA confirmation and updated plumbing. 5 electrical meters with each unit individually metered. Wiring is in place to add baseboard heaters in the future. Two large storage rooms in the basement not currently being used provide an opportunity for further income! With 2 units vacant & a third vacating Jan 31st, this property provides immediate upside potential to set market rent & maximize returns. Option with coin operated laundry in the basement for even further income. Ideal for investors seeking a turn-key asset in a prime location with strong rental demand.
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The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.