183 Maurice Drive

Oakville, L6K 2W8
FOR SALE
$4,695,000
183 Maurice Drive, Oakville
183 Maurice Drive
183 Maurice Drive
183 Maurice Drive
183 Maurice Drive
183 Maurice Drive
183 Maurice Drive
183 Maurice Drive
183 Maurice Drive
183 Maurice Drive
183 Maurice Drive
183 Maurice Drive
183 Maurice Drive
183 Maurice Drive
183 Maurice Drive
183 Maurice Drive
183 Maurice Drive
183 Maurice Drive
183 Maurice Drive
Investment
CATEGORY
118.5 x 90.29
LOT SIZE
W13756534
MLSID
Contact Us
Property 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**
Property Details
Address
183 Maurice Drive
Postal Code
L6K 2W8
Property Type
Investment, Investment
Use
Apartment
Zoning
Residential
Lot Size
118' x 90'
Acreage
10,753.1 Feet
Taxes
$23,327 (2026
Heat Type
Gas Hot Water
Water
Municipal
Parking Spaces
16
Garage Type
Outside/Surface
Listing contracted with Re/Max Prime Properties - Unique Group
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