183 Maurice Drive Oakville, Ontario L6K 2W8
$4,695,000
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. (id:55093)
Business
| Business Type | Residential |
| Business Sub Type | Apartments |
| Name | 12 Suite Apartment Building |
Property Details
| MLS® Number | W13756534 |
| Property Type | Multi-family |
| Community Name | 1002 - CO Central |
| Parking Space Total | 16 |
Building
| Appliances | Dishwasher, Dryer, Washer |
| Cooling Type | None |
| Heating Fuel | Natural Gas |
| Heating Type | Hot Water Radiator Heat |
| Size Interior | 10,753 Sqft |
| Type | Multi-family |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Storm Sewer |
| Size Depth | 90 Ft ,3 In |
| Size Frontage | 118 Ft ,6 In |
| Size Irregular | 118.5 X 90.29 Ft |
| Size Total Text | 118.5 X 90.29 Ft |
| Zoning Description | Residential |
https://www.realtor.ca/real-estate/30247786/183-maurice-drive-oakville-co-central-1002-co-central
Contact Us
Contact us for more information
Les Wallace
Broker
1251 Yonge Street
Toronto, Ontario M4T 1W6
(416) 928-6833
(416) 928-2156
www.remaxprimeproperties.ca/
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September 09 2026 02:00:24
Toronto Regional Real Estate Board
RE/MAX Prime Properties - Unique Group