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.)
Property Type:
Residential Freehold
Property Sub Type:
Multiplex
Home Style:
2-Storey
Approx. Age:
31-50
Total Approx Floor Area:
2500-3000
Lot Depth:
115'35.1 m
Lot Frontage:
55'16.8 m
Topography:
Flat
Direction Faces:
North
Bedrooms:
6+2
Bathrooms:
4.0
Water supply:
Municipal
Kitchens:
4
Kitchens in Basement:
2
Bedrooms Above Grade:
6
Bedrooms Below Grade:
2
Kitchens Above Grade:
2
Rooms Above Grade:
10
Rooms Below Grade:
6
Zoning:
**R2** (As per GEO Report attached to listing)
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Poured Concrete
Roof:
Asphalt Shingle
Basement:
Apartment, Finished
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Available, Private, Mutual
Parking Spaces:
6
Total Parking Spaces:
6.0
Family Room:
No
Possession Details:
TBD
Pool:
None
HST Applicable To Sale Price:
Included In
Taxes:
$8,476 /
2025
Assessment:
$- /
-
Durham
Oshawa
Vanier
Other
2 Electric Hot Water Tanks - Reliance (Approximately $25.64/Month Each)
4 Fridges, 4 Stoves, 1 Owned Electric Hot Water Tank, 1 Coin Operated Washing Machine & 1 Coin Operated Dryer (Shared by all 4 units), All Electrical Light Fixtures
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