172 Westmount Street
Vanier
Oshawa
L1J 4X4
$4,750,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- E13713090
- Bus Major:
- Apts - Over 20 Units
- Photos (21)
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Rare opportunity to acquire a 21-unit multi-residential investment property in Oshawacomprising three walk-up apartment buildings at 164 & 172 Westmount St and 399 Elmgrove Ave onan assembled approx. 0.70-acre site adjoining Oshawa Centre and Radio Park.The portfolio includes 18 two-bedroom units, 2 junior one-bedroom units and 1 bachelor, with 30surface parking spaces. Current residential rents total approximately $365,400/year, withapproximately $56,600/year of identified rental income potential as below-market units turnover.All 21 units are separately metered for electricity. 12 units are also separately metered forwater, with additional units capable of conversion on turnover. Major capital improvementsinclude sewer line replacements across all three buildings, roof replacements/improvements,boiler upgrades, remote-viewing security cameras and cashless laundry.Excellent rental location with bus service at the property, approximately two minutes toHighway 401, adjacent to Radio Park and directly adjoining Oshawa Centre.Property may be available through an asset or share purchase structure, subject to buyer legal,tax and lender review.
- Property Type:
- Commercial
- Property Sub Type:
- Investment
- Freestanding:
- Yes
- Total Area:
- 30602 sq. ft. Square Feet
- Total Area:
- 30,602 sq. ft.2,843 m2
- Lot Depth:
- 280'3"85.4 m
- Lot Frontage:
- 109'33.2 m
- Bathrooms:
- 21.0
- Water supply:
- Municipal
- Soil Test:
- No
- Zoning:
- R4-A/R6-C
- Heating type:
- Gas Hot Water
- Survey Available:
- No
- Garage:
- Outside/Surface
- Parking Spaces:
- 30
- Possession Details:
- Flexible/To be Arranged
- HST Applicable To Sale Price:
- Not Subject to HST
- Type Taxes:
- Annual
- Taxes:
- $51,707 / 2025
- Assessment:
- $- / -
- Durham
- Oshawa
- Vanier
- No
- Service contracts may include superintendent, garbage collection, snow/lawn maintenance, WiFiand other operating services. Buyer to review contracts and assume only if agreed.
- Tenants' personal property and any items owned by service providers or contractors, if any.
- None
- No
- No
- UFFI:
- No
- Utilities:
- Yes
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Sewers:
- Sanitary+Storm
- Air Conditioning:
- No
- Seller Property Info Statement:
- No
- Financial Statements:
- Yes
- Gross income:
- $365,400
- Estimated Inventory At Cost:
- 262107.0
- Expenses Actual/Estimated:
- Actual
- Heating Expenses:
- $9,964
- Hydro Expenses:
- $5,693
- Insurance Expenses:
- $12,178
- Tax Expenses:
- $51,707
- Operating Expenses:
- $102,693
- Other Expenses:
- $25,800
- Water Expenses:
- $6,765
- Year Expenses:
- 2025
- Maintenace Expenses:
- $16,386
- Major Business Type:
- Apts - Over 20 Units
- Category:
- Apartment
- Franchise:
- No
- Chattels:
- Yes
- LLBO:
- No
- Outside Storage:
- Yes
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Listed by CENTURY 21 ATRIA REALTY INC.
Data was last updated August 26, 2026 at 02:15 PM (UTC)
- JDL Realty
- JDL REALTY INC., BROKERAGE
- 905-731-2266
- Contact by Email
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