Commercial property with 4 residential and 2 commercial units in downtown core of Oshawa was in very run down shape with restaurant unit tenant struggling. The main goal was to update the property to improve overall condition and to renovate residential common area and run down apartments to be able to collect more rent and improve tenant quality. 3 apartments were completely renovated, new leaking roof was replaced, common hallways were cleaned up, painted and flooring updated. Entry door was updated with glass and all mailboxes were replaced. With new tenants rents were increased, and currently both commercial units rented and new commercial leases switched to TMI types of leases which are preferred by banks. Property is still being stabilized and currently it cash flows $2000+/mo

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