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$ 1,099,999
Est. payment /mo
New
314 HILLSIDE AVENUE Oshawa (vanier), ON L1J1T5
8 Beds
4 Baths
2,500 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,500 sqft
Price per Sqft $439
Subdivision Vanier
MLS® Listing ID E12665744
Bedrooms 8
Source Central Lakes Association of REALTORS®
Property Description
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.) (id:24570)
Location
Province ON
Rooms
Kitchen 4.0
Extra Room 1 Other 4.55 m X 3.08 m Kitchen
Extra Room 2 Other 2.36 m X 4.39 m Kitchen
Extra Room 3 Other 3.53 m X 4.39 m Living room
Extra Room 4 Other 4.25 m X 3.09 m Primary Bedroom
Extra Room 5 Other 4.45 m X 2.39 m Kitchen
Extra Room 6 Other 3.25 m X 4.36 m Living room
Interior
Heating Baseboard heaters
Cooling None
Flooring Ceramic, Carpeted, Laminate
Exterior
Parking Features No
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Story 2
Sewer Sanitary sewer
Listed by LAND & GATE REAL ESTATE INC.
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