117 Cromwell Avenue Unit# 1-6, Oshawa, Ontario L1J 4T5 is For Sale and has a listing price of 1,485,000. The property is located in the Vanier neighbourhood . It's been on the website for 72 Days.
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.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 05/28/2025 | E12178464 | $1,485,000 | For Sale | - | - |