ONDurhamOshawa314 Hillside Avenue
314 Hillside Avenue
Interior view
Interior view
50
Sold
Multiplex

314 Hillside Avenue

Oshawa, ON, L1J 1T5

Residential Freehold
Area
2500-3000 sq.ft
Bed
8
Bedrooms
Bath
4
Bathrooms
Parking
6
Single Garage
Sold

Property Description

Original Remarks

Exceptional Investment Opportunity in a Prime Location. A rare opportunity to acquire a meticulously maintained, custom-built four-unit multiplex with a proven history of stability and performance. Constructed in 1990, this solid brick building offers a well-balanced unit mix consisting of two spacious three-bedroom suites and two thoughtfully designed one-bedroom suites, each laid out for comfort and functionality. The property has demonstrated exceptional tenant demand, maintaining zero vacancy for the past 14 years. Two units are currently occupied by long-standing, reliable tenants, reflecting strong tenant retention and consistent cash flow. Recent Capital Improvements & Ongoing Maintenance Include: Roof replacement (2021), Driveway and parking area professionally re-paved (2010), Front and upper-level windows replaced (2018), Remote camera monitoring system installed (2023), New coin-operated washing machine (2024), New carpeting in front and rear common areas (2025, as per seller) Annual fire safety inspections are completed, and the building is fully equipped with pull stations, smoke detectors, and fire extinguishers, providing peace of mind for owners and tenants alike. Parking & Location Highlights: Ample on-site parking is available for residents and guests. The property is ideally situated with convenient access to public transit, schools, shopping, and major highways-making it highly attractive to renters. Whether you are expanding an existing portfolio or entering the multi-residential market, this turnkey asset offers reliable income, low maintenance, and long-term value. Opportunities of this caliber are rarely available. (Taxes as per GeoWarehouse. Square footage as per MPAC. Room measurements as per photographer.)

PROPERTY HISTORY

314 Hillside Avenue

Type:Multiplex
Style:2-Storey
Size Range:2500-3000
Above grade sq.ft.:-
Below grade sq.ft:-
Total sq.ft:-
Listing ID:E12665744
Community:Vanier
Days on Market:-
Year Built:-
Age range:31-50
Basement:Apartment, Finished
Ownership Type:Residential Freehold
Condo Fee:N/A
Yearly Taxes:$8,476/yr (2025)
Municipality:Oshawa
Lot Size:55.00 x 115.00 Feet

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