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316 SAGUENAY AVENUE, Oshawa (Vanier) — listed at $2,600,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
12-unit multi-residential investment opportunity in Oshawa featuring 11 two-bedroom units and 1 bachelor on an approx. 0.305-acre site with 12 surface parking spaces. Current residential rents total approximately $204,948/year, with approximately $39,828/year of identified rental income potential as below-market units turn over. All units are separately metered for electricity. 8 units are separately metered for water, with the remaining capable of conversion on turnover. Building systems include a gas boiler installed in 2022, owned hot water equipment, cashless laundry and a fire alarm system.Convenient location approximately five minutes to Highway 401, close to local retail and within walking distance of Oshawa Centre. Buyer to verify all measurements, zoning, income, expensesand property information. (id:60164)
Who is 316 SAGUENAY AVENUE best suited for?+
With null bedrooms and 12 bathrooms, this is ideal for a couple, a small family, or as a low-maintenance investment property.
How is the home heated? Is it efficient?+
Heating is hot water radiator heat, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What's the parking situation?+
This property includes 12 spaces.
What makes this a luxury property?+
At $2,600,000, standout features include 34848 sq ft, 12 bathrooms. In this price range, expect higher-end finishes — verify during a showing.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $31,822, heating is hot water radiator heat, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
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