183 Maurice Drive,Oakville, ON L6K 2W8
Oakville, ON L6K 2W8
Description
183 Maurice Drive, Oakville. 12-Suite Apartment Building. Exceptional Oakville Multi-Residential Investment Opportunity. Well-maintained and extensively renovated 12-suite apartment building situated on a large 118.5' x 90.29' lot in Oakville. The property offers an attractive combination of renovated suites, strong in-place income, ample parking and significant recent capital improvements. Property Highlights: *12 Residential Suites *6 x Two-Bedroom Suites *6 x One-Bedroom Suites *Approximately $215,000 Net Income *16 Surface Parking Spaces * Comprehensive Renovations and Upgrades Throughout *Numerous custom kitchens featuring quartz countertops and stainless-steel appliances *Numerous Modernized bathrooms *3/4-inch solid oak hardwood flooring in many living areas and bedrooms *Extensive Suite and Building-System Improvements - providing a substantially upgraded asset with reduced anticipated near-term maintenance and capital-expenditure requirements * High-Efficiency Viessmann Boiler - 2024 * Large 118.5' x 90.29' Lot * Recent Phase One and Phase Two Environmental Reports Available. Investment Highlights: This property presents an excellent opportunity to acquire a substantially upgraded multi-residential asset in the established Oakville market. The suites and major building systems have been extensively updated, providing a turnkey investment with significantly reduced anticipated maintenance requirements for the foreseeable future. Combined with efficient building systems, generous parking, a large lot and strong in-place income, the property provides a strong foundation for long-term ownership and continued income growth.**Fully Rented**
Details
| MLS # | W13756534 |
|---|---|
| Listing Type | For Sale |
| Building Name | 12 Suite Apartment Building |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 50 |
| Listing Provided By | RE/MAX PRIME PROPERTIES - UNIQUE GROUP | W13756534 009200 |
Features
| SQ Feet | 10,753 |
|---|---|
| Acreage | 0.25 |
Interior
| Cooling | No |
|---|
Utilities
| Utilities | Yes |
|---|---|
| Sewer | Storm |
Taxes
| Tax Annual Amount | 23327 |
|---|---|
| Tax Type | Annual |
| Tax Legal Description | Plan 195 Pt Lot 4 RP 20R18494 Parts 9 and 10 |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Halton |
| City | Oakville |
| Postal Code | L6K 2W8 |
| Area | 1002 CO Central |
| Listing VS Median (in L6K 2W8) | |
Price: $4,495,000 low | high Med: $4,495,000 sqft: 10,753 low | high Med: 10,753 $ / sqft: $418 low | high Med: $418 On site: 50 low | high Med: 50 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Halton |
| City | Oakville |
| Postal Code | L6K 2W8 |
| Area | 1002 CO Central |
| Listing VS Median (in L6K 2W8) | |
Price: $4,495,000 low | high Med: $4,495,000 sqft: 10,753 low | high Med: 10,753 $ / sqft: $418 low | high Med: $418 On site: 50 low | high Med: 50 | |