172 WESTMOUNT STREET, Oshawa (Vanier)

2026-08-26
 

Quick Summary

Location
172 WESTMOUNT STREET, Oshawa (Vanier), Ontario L1J4X4
Price
$4,750,000 CAD
Status:
For Sale
Property Type:
Multi-family
Area:
30602 sqft
Bathrooms:
21
Garages:
30

MLS®#E13713090

Property Description

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. (id:32467)

Property Features

Building

  • Cooling Type: None
  • Fireplace: No
  • Interior Size: 30602 sqft
  • Building Type: Multi-Family
  • Utility Water: Municipal water

Land

  • Land Size: 109.03 x 280.28 FT

Zoning

  • Description: R4-A/R6-C

Information entered by CENTURY 21 ATRIA REALTY INC.
Listing information last updated on: 2026-09-01 13:46:06


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† Savings calculated using One Percent Realty's posted commission rates compared to another agent charging 5% + HST . Not all agents charge the same.

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