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$1,099,999
Available - For Sale
Listing ID: E12665744
Exceptional Investment Opportunity in a Prime Location. A rare opportunity to acquire a meticulously maintained, custom-built four-unit multiplex with a proven history of stability and performance. Constructed in 1990, this solid brick building offers a well-balanced unit mix consisting of two spacious three-bedroom suites and two thoughtfully designed one-bedroom suites, each laid out for comfort and functionality. The property has demonstrated exceptional tenant demand, maintaining zero vacancy for the past 14 years. Two units are currently occupied by long-standing, reliable tenants, reflecting strong tenant retention and consistent cash flow. Recent Capital Improvements & Ongoing Maintenance Include: Roof replacement (2021), Driveway and parking area professionally re-paved (2010), Front and upper-level windows replaced (2018), Remote camera monitoring system installed (2023), New coin-operated washing machine (2024), New carpeting in front and rear common areas (2025, as per seller) Annual fire safety inspections are completed, and the building is fully equipped with pull stations, smoke detectors, and fire extinguishers, providing peace of mind for owners and tenants alike. Parking & Location Highlights: Ample on-site parking is available for residents and guests. The property is ideally situated with convenient access to public transit, schools, shopping, and major highways-making it highly attractive to renters. Whether you are expanding an existing portfolio or entering the multi-residential market, this turnkey asset offers reliable income, low maintenance, and long-term value. Opportunities of this caliber are rarely available. (Taxes as per GeoWarehouse. Square footage as per MPAC. Room measurements as per photographer.)
Price $1,099,999
Taxes: $8,476
Occupancy by: Tenant
Address: 314 Hillside Avenue , Oshawa, L1J 1T5, Durham
Directions/Cross Streets: Stevenson Rd S / Laval Dr
Rooms: 10
Rooms +: 6
Bedrooms: 6
Bedrooms +: 2
Washrooms: 4
Family Room: F
Basement: Apartment
Finished
  Level/Floor Room Length(ft) Width(ft) Descriptions
Room 1: Kitchen 14.92 10.10 Eat-in Kitchen, Ceramic Floor, Balcony
Room 2: Living Ro 14.89 15.88 Large Window, Broadloom
Room 3: Primary B 12.00 12.60 Window, Closet, Laminate
Room 4: Bedroom 2 9.81 12.00 Window, Closet, Laminate
Room 5: Bedroom 3 13.42 10.17 Window, Closet, Laminate
Room 6: Kitchen 14.92 10.10 Eat-in Kitchen, Ceramic Floor, Balcony
Room 7: Living Ro 14.89 15.88 Large Window, Laminate
Room 8: Primary B 12.00 12.60 Window, Closet, Laminate
Room 9: Bedroom 2 9.81 12.00 Window, Closet, Laminate
Room 10: Bedroom 3 13.42 10.17 Window, Closet, Laminate
Room 11: Kitchen 7.74 14.40 Open Concept, Ceramic Floor, Walk-Out
Room 12: Living Ro 11.58 14.40 Open Concept, Broadloom, Walk-Out
Room 13: Primary B 13.94 10.14 Window, Closet, Broadloom
Room 14: Kitchen 14.60 7.84 Open Concept, Ceramic Floor, Walk-Out
Room 15: Living Ro 10.66 14.30 Open Concept, Broadloom, Walk-Out
No. of Pieces Level
Washroom 1:  4 Main
Washroom 2:  4 Main
Washroom 3:  4 Upper
Washroom 4:  4 Upper
Washroom 5:  0
Washroom 6:  4 Main
Washroom 7:  4 Main
Washroom 8:  4 Upper
Washroom 9:  4 Upper
Washroom 10:  0
Washroom 11:  4 Main
Washroom 12:  4 Main
Washroom 13:  4 Upper
Washroom 14:  4 Upper
Washroom 15:  0
Property Type: Multiplex
Style: 2-Storey
Exterior: Brick
Garage Type: None
(Parking/)Drive: Available,
Drive Parking Spaces: 6
Park #1
Parking Type: Available,
Park #2
Parking Type: Available
Park #3
Parking Type: Private
Pool: None
Approximatly Age: 31-50
Approximatly Square Footage: 2500-3000
CAC Included: N
Water Included: N
Cabel TV Included: N
Common Elements Included: N
Heat Included: N
Parking Included: N
Condo Tax Included: N
Building Insurance Included: N
Fireplace/Stove: N
Heat Type: Baseboard
Central Air Conditioning: None
Central Vac: N
Laundry Level: Syste
Ensuite Laundry: F
Elevator Lift: False
Sewers: Sewer
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LAND & GATE REAL ESTATE INC.

314 Hillside Avenue , Oshawa, L1J 1T5, Durham

Personal Picture
MD Ashraful Bari
Broker
Dir:
647.406.6653
Bus:
905.201.9977
Fax:
905.201.9229

 
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Type: Freehold - Multiplex
Area: Durham
Municipality: Oshawa
Neighbourhood: Vanier
Style: 2-Storey
Lot Size: x 115.00(Feet)
Approximate Age: 31-50
Tax: $8,476
Maintenance Fee: $0
Beds: 6+2
Baths: 4
Garage: 0
Fireplace: N
Air Conditioning:
Pool: None
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Personal Pic MD Ashraful Bari Broker HomeLife/Future Realty Inc, Brokerage Independently owned and operated. pic Cell: 647.406.6653 | Office: 905.201.9977
MD Ashraful Bari
BROKER

Cell: 647.406.6653
Office: 905.201.9977
Fax: 905.201.9229

  Email Us

HomeLife/Future Realty Inc., Brokerage
Independently owned and operated.
205-7 Eastvale Drive
Markham, ON L3S 4N8

 

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