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272 Queen St. E., Brampton, Ontario L6V 1B9

Phone: 905-454-1100  Toll: 1-877-306-4776

424 Austen Crt

Donevan
Oshawa, Ontario
$1,495,000
For Sale
MLS© ID: E4314444
6 Bath(s)

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Opportunity Knocks! First Time Investor? Seasoned And Looking For A Smaller Hassle Free Investment? Preparing For Retirement?look No Further!This Cozy 3 Storey Walk-Up Apartment Building With 6 Self-Contained Suites Is Located In A Quiet Residential Neighbourhood In Close Proximity To Schools, Public Transportation, Trails, Hwy 401, Grocery Stores & More. All Suites Have Been Upgraded Since 2014. Fully Tenanted.

Extras: Coin Operated Laundry On Site For Extra Income! Rents Can Be Increased On Turnover.Avg Rent: $1, 153.00 Plus Hydro.Cap Rate:4.1%. Gross Annual Income $85, 438.86.See Attached Property Info Statement For More Detailed Information.

Property Features

  • Directions/Cross Streets: Bloor/Wilson/Shakespeare
  • Lot Size Code: Feet
  • Taxes: 8948.88
  • Approx Age: 31-50
  • Tax Year: 2018
  • Property #: E4314444
  • Sale/Lease: Sale
  • Country: Canada
  • Province: Ontario
  • Municipality: Oshawa
  • Business Type: Apts-6 To 12 Units
  • Area Influences1: Major Highway
  • Area Influences2: Public Transit
  • Legal Description: Ptlt13Pl674Oshawa;Ptlt14Pl674Oshawad190171
  • Lot Front: 40.79
  • Lot Irregularities: Irregular Lot
  • Type: Investment
  • Parking Spaces Total: 9
  • Category: Apartment
  • Expenses Actual/Estimated: Est
  • Financial Statement: Y
  • Freestanding: Y
  • Gross Income/Sales: 85439.00
  • Insurance Expense: 2482.00
  • Lot/Bldg/Unit Code: Lot
  • Total Area Code: Sq Ft
  • Type Taxes: Annual
  • Utilities: N
  • Year Expenses: 99.99
  • Air Conditioning: N
  • Heat Type: Baseboard
  • Hydro Expense: 2565.00
  • Water: Municipal
  • Water Expense: 1898.00
  • Maintenance: 4800.00
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