316 Saguenay Avenue

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$2,600,000

316 Saguenay Avenue

Vanier, Oshawa · MLS® E13713026

1212

34,848 sq ft · House · Multi-family · 59 days on market

listed by RAYMOND LUI, CENTURY 21 ATRIA REALTY INC.

realtor's description

12-unit multi-residential investment opportunity in Oshawa featuring 11 two-bedroom units and 1 bachelor on an approx. 0.305-acre site with 12 surface parking spaces. Current residential rents total approximately $204,948/year, with approximately $39,828/year of identified rental income potential as below-market units turn over. All units are separately metered for electricity. 8 units are separately metered for water, with the remaining capable of conversion on turnover. Building systems include a gas boiler installed in 2022, owned hot water equipment, cashless laundry and a fire alarm system.Convenient location approximately five minutes to Highway 401, close to local retail and within walking distance of Oshawa Centre. Buyer to verify all measurements, zoning, income, expensesand property information.

property details

type: House, Multi-family
bathrooms: 12
living area: 34,848 sq ft
parking: 12
property tax: $31,822 / yr
days on market: 59
MLS®: E13713026

features

Irregular lot size
Washer
Water meter
Dryer
Alarm System
Water Heater

monthly cost

$13,980/mo

Mortgage $11,328 · Tax $2,652

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$11,328/ monthly

loan $2,080,000

25-year amortization

down payment20% · $520,00020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 24, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,318,385
cash to close: $520,000; down payment; transfer tax and fees not included
total paid: $3,398,385

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.