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Home ON Greater Oshawa Oshawa Vanier
1-6 - 117 CROMWELL AVENUE
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1-6 - 117 CROMWELL AVENUE $1,485,000
$1,485,000
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1-6 - 117 CROMWELL AVENUE
Oshawa (Vanier), Ontario L1J4T5

MLS® Number: E12178464

Listing Description

Turnkey 6-Plex in Prime Location. 6 Apartment Units with Below-Market Rents & Upside Potential An outstanding opportunity to acquire a fully turnkey 6-unit multi-plex offering below-market rents, strong fundamentals, and value-add potential. This all brick building features five (5) 2-bedroom, 1-bath units and one (1) 1 Bedroom , 1 bath additional Bachelor unit, all located in a highly desirable rental area just minutes from Highway 401, public transit, parks, and the Oshawa Centre. Whether you're an experienced investor looking to expand your portfolio or entering the multiresidential space for the first time, this property checks all the boxes: recent upgrades, low-maintenance operations, stable tenant base, and attractive below-market rents that provide immediate room for income growth. The low vacancy rate and excellent location contribute to reliable long-term cash flow. An on-site coin-operated laundry room adds supplemental monthly income, and eight surface parking spaces increase overall tenant appeal. With updated units and minimal ongoing capital expense, this property offers an ideal blend of financial stability and growth opportunity. One 2-Bedroom unit currently vacant. Vendor Take Back Mortgage may be available to the right buyer. (40556082)

Location Description

King & Cromwell

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
Vanier
Land Size
80 x 115 FT
Annual Property Taxes
$10,251
Total Parking Spaces
8
Time on REALTOR.ca
29 days

Building

Interior Features
Appliances Included
Dryer, Water Heater, Washer
Heating & Cooling
Heating Type
Other (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)
Neighbourhood Features
Amenities Nearby
Highway, Public Transit
Parking
Total Parking Spaces
8

Land

Lot Features
Frontage
80 ft
Land Depth
115 ft
Other Property Information
Zoning Description
R3-A/R5-A
Data provided by: Central Lakes Association of REALTORS® Unit 5 - 1100 BENNETT Road, BOWMANVILLE, Ontario L1C 0Y7

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