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Main Photo: 172 Westmount Street in Oshawa: Vanier Commercial for sale : MLS®# E13713090
Photo 1: 172 Westmount Street in Oshawa: Vanier Commercial for sale : MLS®# E13713090
Photo 2: 172 Westmount Street in Oshawa: Vanier Commercial for sale : MLS®# E13713090
Photo 3: 172 Westmount Street in Oshawa: Vanier Commercial for sale : MLS®# E13713090
Photo 4: 172 Westmount Street in Oshawa: Vanier Commercial for sale : MLS®# E13713090
Photo 5: 172 Westmount Street in Oshawa: Vanier Commercial for sale : MLS®# E13713090
Photo 6: 172 Westmount Street in Oshawa: Vanier Commercial for sale : MLS®# E13713090
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Photo 8: 172 Westmount Street in Oshawa: Vanier Commercial for sale : MLS®# E13713090
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Photo 10: 172 Westmount Street in Oshawa: Vanier Commercial for sale : MLS®# E13713090
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Photo 12: 172 Westmount Street in Oshawa: Vanier Commercial for sale : MLS®# E13713090
Photo 13: 172 Westmount Street in Oshawa: Vanier Commercial for sale : MLS®# E13713090
Photo 14: 172 Westmount Street in Oshawa: Vanier Commercial for sale : MLS®# E13713090
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Photo 16: 172 Westmount Street in Oshawa: Vanier Commercial for sale : MLS®# E13713090
Photo 17: 172 Westmount Street in Oshawa: Vanier Commercial for sale : MLS®# E13713090
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Photo 21: 172 Westmount Street in Oshawa: Vanier Commercial for sale : MLS®# E13713090
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E13713090
Bus Major:
Apts - Over 20 Units
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 Type:
Commercial
Property Sub Type:
Investment
Freestanding:
Yes
Total Area:
30602 sq. ft. Square Feet
Total Area:
30,602 sq. ft.
Lot Depth:
280'3"
Lot Frontage:
109'
Bathrooms:
21.0
Water supply:
Municipal
Soil Test:
No
Zoning:
R4-A/R6-C
Heating type:
Gas Hot Water
Survey Available:
No
Garage:
Outside/Surface
Parking Spaces:
30
Possession Details:
Flexible/To be Arranged
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$51,707 / 2025
Assessment:
$- / -
Durham
Oshawa
Vanier
No
Service contracts may include superintendent, garbage collection, snow/lawn maintenance, WiFiand other operating services. Buyer to review contracts and assume only if agreed.
Tenants' personal property and any items owned by service providers or contractors, if any.
None
No
No
UFFI:
No
Utilities:
Yes
Energy Certification:
No
Green Property Information Statement:
No
Sewers:
Sanitary+Storm
Air Conditioning:
No
Seller Property Info Statement:
No
Financial Statements:
Yes
Gross income:
$365,400
Estimated Inventory At Cost:
262107.0
Expenses Actual/Estimated:
Actual
Heating Expenses:
$9,964
Hydro Expenses:
$5,693
Insurance Expenses:
$12,178
Tax Expenses:
$51,707
Operating Expenses:
$102,693
Other Expenses:
$25,800
Water Expenses:
$6,765
Year Expenses:
2025
Maintenace Expenses:
$16,386
Major Business Type:
Apts - Over 20 Units
Category:
Apartment
Franchise:
No
Chattels:
Yes
LLBO:
No
Outside Storage:
Yes
Date Listed:
Aug 26, 2026
Original Price:
Previous Price:
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Listed by CENTURY 21 ATRIA REALTY INC.
Data was last updated August 26, 2026 at 06:15 PM (UTC)
DARYL  KING
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Why Invest in Apartment Buildings for Sale?

Owning an apartment building for sale provides unique advantages:

  • Multiple rental units generate consistent monthly income
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  • Opportunity to increase property value through renovations and upgrades
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When evaluating apartment buildings for sale, consider:

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Whether you’re looking for small multi-family units or larger residential complexes, we offer a wide selection of apartment buildings for sale to match your investment goals. Let us help you find a property that offers steady income and long-term value.

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FAQs – Apartment Buildings for Sale

1. Are apartment buildings a good investment?
Yes, apartment buildings provide steady rental income, potential tax benefits, and property value appreciation over time.

2. What should I consider before buying an apartment building?
Evaluate location, tenant demand, building condition, rental income, and management costs.

3. Can first-time investors buy apartment buildings?
Yes, many financing options are available for new investors, including CMHC-backed loans and commercial mortgages.

4. How many units are considered an apartment building?
Typically, any property with five or more units is classified as an apartment building for investment purposes.

5. Where can I find apartment buildings for sale?
You can find listings across major cities and growing suburbs where rental demand remains strong.