For Sale

394 Centre Street, Oshawa, Ontario L1H 4B9

$1,019,000

394 Centre Street, Oshawa, Ontario L1H 4B9 is For Sale and has a listing price of 1,019,000. The property is located in the Oshawa . It's been on the website for 1 Day.

  • Multiplex
    Property Type
  • 3
    Bedrooms
  • 6
    Bathrooms
  • MLS ID: E12920964
  • Office Name ROYAL HERITAGE REALTY LTD.
Property Description

Rare Opportunity To Own A Solid Income Property In Central Oshawa. Registered As A Sixplex, The Building Is Currently Operating With Five FullyTenanted Units After Two Suites Were Combined, With Future Potential To Reconfigure Back To Six Units (Buyer To Verify; Subject ToApprovals). Set On A Quiet, Established Street With Quick Access To Downtown Amenities, Parks, Transit, The GO, And Hwy 401.Self-ContainedApartments Offer Practical Layouts And Good Natural Light; Common Areas Present Well. Laundry Is Located In The Basement, WithOpportunity To Convert To A Coin-Operated System For Additional Income. The Rectangular Lot And Flexible Multi-Residential Zoning SupportLong-Term Hold Strategies And Value-Add Plans. Stable In-Place Income With Clear Upside As Suites Turn And Rents Align With AreaAverages.Estimated Cap. Rate ~6% Based On Current Income/Expenses; Financial Package, Rent Roll, And Floor Plans Available. Ideal TurnkeyAddition To An Existing Portfolio Or A Smart First Multi-Family Step. 48 Hours Notice Required For Showings. Please Respect Residents.Showings By Appointment Only.

Property Details
  • Bedrooms: 3
  • MLS ID: E12920964
  • Bathrooms: 6
  • Price: $1,019,000
  • Lot Depth: 82
  • Transaction Types: For Sale
  • Ref ID: E12920964
  • Year Built: N/A
  • Approx Sqft: 2000-2500
  • Dir / Cross St: Simcoe St S and Avenue St
  • Status: Active
  • Tax Year: 2025
  • Property Type: Multiplex
  • Property Type: Commercial
  • Property Sub Category: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
03/25/2026 E12920964 $1,019,000 For Sale - -
09/12/2025 E12398835 $1,049,990 Expired -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Oshawa
  • $963,552 Average List Price
    based on 1 year
  • 576 New Listings
    based on 30 days
  • 57 Median Days on Market
    based on 1 year
  • List vs. Selling Price 213.46 % Up
  • Sold (12mo) 697
  • Rented (12mo) 538

  • 1 Month Change -30.1%
  • 3 Month Change +20.4%
  • 6 Month Change +40.9%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 2 1/2 Storey
  • Washroom Type1: 2
  • Garage Type Y
  • Parking Spaces: 4
  • Exterior Brick
  • Kitchen 5
  • Washrooms Type 1 # Pcs: 4
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 4
  • Washrooms Type 2: 2
  • Washrooms Type 3: 2
  • Taxes: $5,076
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: Flexible
  • Listing Entry Date: 25/03/2026 19:27:57
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