11 Fairbanks Street, Oshawa (Central), Ontario, L1H2L7




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$1,899,000
Oshawa
This multi-family property in Oshawa is for sale offering roughly 10,732 sq ft of space.
9-unit brick and block apartment building ideally situated in the downtown core of Oshawa. The property features all two-bedroom units, building presents strong rental upside potential, offering investors the opportunity the enhance yields and maximize returns. The property includes ample on-site parking, as well as a shared laundry facility equipped with coin-operation machines, providing an additional income stream. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 181 days on market, against an average age of 66 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 29 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 99.2 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 18-bed multi-family in Oshawa (Central) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,899,000, about 25.8× the local median household income of $73,500.
Carrying it typically needs a household income of about $370,941 (20% down, 25-yr amortization, stress-tested) — roughly 405% above the area median.
Source: Statistics Canada, 2021 Census (FSA L1H)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice