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172 Westmount Street, Oshawa, ON L1J 4X4

Vanier · Oshawa · ON

$4,590,000For Sale Updated 1 day ago
21Baths
30,602 sq ftLiving area
InvestmentProperty type

About this property

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 details

MLS® Number
E13713090
Status
Active Under Contract / Sold Conditional
Transaction
For Sale
Property Type
Commercial
Property Subtype
Investment
Lot Size
Feet
Lot Width
109.03
Lot Depth
280.28
Taxes
$51,707
Tax Year
2025
Garage
Outside/Surface
Parking Spaces
30
Heating
Gas Hot Water
Cooling
No
Sewer
Sanitary+Storm
Cross Street
Westmount St / Elmgrove Ave
Directions
AS PER GOOGLE MAP
Occupancy
Tenant

Interior Features

Security
No

Building & Construction

Building area
30602

Parking & Garage

Garage
Outside/Surface
Parking spaces
30

Community & Neighbourhood

Cross street
Westmount St / Elmgrove Ave

Utilities & Services

Sewer
Sanitary+Storm
Utilities
Yes

Location

Listing courtesy of CENTURY 21 ATRIA REALTY INC.

Property History

Listed
August 26, 2026 9:13 AM
Listing updated
November 9, 2026 10:52 AM
System updated
November 9, 2026 10:52 AM
Photos changed
September 1, 2026 9:26 AM
Media changed
September 1, 2026 9:26 AM
Imported locally
November 9, 2026 12:00 PM

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