172 Westmount Street
Vanier, Oshawa, L1J 4X4
$4,750,000
- 21 bathrooms
Listed 55 days ago · MLS® E13713090
About this home
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.
Details
- Type
- Investment
- Lot
- 109.03 × 280.28 ft
- Garage
- Outside/Surface
- Property tax
- $51,707 (2025)
- Neighbourhood
- Vanier
- Municipality
- Oshawa
Interior
- Bathrooms
- 21 × bathroom
Heating, cooling and services
- Heating
- Gas Hot Water
- Water and sewer
- Sanitary+Storm
- Utilities
- Yes
Building and exterior
- Building area
- 30,602 Square Feet
More
- Possession
- Flexible/To be Arranged
- Cross street
- Westmount St / Elmgrove Ave
- Business type
- Apts - Over 20 Units
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
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The neighbourhood
Getting around Very walkable
- 🚆 Whitby GO5.7 km
Within a 10-minute walk: 2 grocery stores, 25 cafés and restaurants, 10 parks, 5 pharmacies. Nearest grocery: Real Canadian Superstore (550 m). Nearest park: Radio Park (100 m).
Schools nearby
Elementary
- St. Thomas Aquinas Catholic School Catholic
EQAO: Gr 6 reading 89%, math 45%13 min walk - Village Union Public School
EQAO: Gr 6 reading 67%, math 20%14 min walk - Waverly Public School
EQAO: Gr 6 reading 74%, math 41%15 min walk - École élémentaire catholique Corpus-Christi French
EQAO: Gr 6 reading 79%, math 62%15 min walk
Secondary
- Durham Alternative Secondary School - Oshawa18 min walk
- O'Neill Collegiate and Vocational Institute
EQAO: Gr 9 math 49%, literacy test 84%2.0 km
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area L1J
- Owners / renters
- 60% / 40%
- Median household income
- $78,000
- Average age
- 41
- Children under 15
- 16%
- Homes
- 44% detached, 12% high-rise
- Commute by transit
- 7%
- Population
- 43,107
Languages spoken most at home besides English: Urdu 0.5%, Tagalog (Pilipino, Filipino) 0.5%, Spanish 0.4%, Tamil 0.3%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area in Central Lake Ontario Conservation’s mapping.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Crime Severity Index for Durham Region (Oshawa/Whitby/Ajax) police: 43 vs 57 for Ontario (2025).
Police-reported figures for the whole police service area, not this street. Rates use the area’s resident population.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Flood and regulation mapping: Central Lake Ontario Conservation open data. Crime Severity Index: Statistics Canada.
Living here
Commute
To Union Station (downtown Toronto): 49 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by CENTURY 21 ATRIA REALTY INC..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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