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Oshawa,ON L1J 4A4
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
MLS Listing ID E10440847
Style 2 1/2 Storey
Bedrooms 4
Annual Tax Amount $4,051
Tax Year 2024
Property Description
Opportunity knocks for you to own a Vacant, Legal, Two Unit Dwelling, registered with the City of Oshawa on a double wide lot. Oozing with old world charm and character, this home is the an ideal investment with upside or the perfect first step on the property ladder. Live in the spacious one bedroom, ground floor unit and rent out the three bedroom upper unit, to pay most of your mortgage, or rent out both units while pursuing the highest and best use of the property. A draft survey has already been completed to pursue Release of Part Lot Control from the City (easier than a severance through the Region) or you can explore the possibility of building a Garage/ Garden Suite on the property. An unfinished basement, with a separate entrance, provides ample storage or an opportunity for a savvy investor to expand. Sweat equity or the patience to pursue development opportunities will add considerable cashflow. Both units had long term tenants but the tenant in the lower unit, who has already vacated, were paying $1383.75 earlier this year and the tenants in the upper unit are currently paying $1869.25 but are planning to vacate November 30th. Nestled in central Oshawa, this property offers unparalleled convenience and accessibility. Proximity to transit, the 401, restaurants, and shopping, at the Oshawa Centre, ensures everyday convenience, while easy access to post-secondary education institutions such as Durham College and UOIT makes it an ideal location for tenants and students alike. Families will appreciate the short walking distance to nearby parks, and schools, offering peace of mind and convenience.
Location
Province ON
County Durham
Zoning R2
Rooms
Family Room Yes
Basement Separate Entrance,Unfinished
Kitchen 2
Interior
Interior Features Accessory Apartment,Floor Drain,In-Law Suite,Primary Bedroom - Main Floor,Separate Hydro Meter,Storage
Cooling None
Inclusions All Appliances, Electrical Light Fixtures
Exterior
Exterior Feature Deck,Porch,Paved Yard
Garage RV/Truck,Private Triple,Available
Garage Spaces 6.0
Pool None
Roof Type Asphalt Shingle
Total Parking Spaces 6
Building
Foundation Poured Concrete
Others
Security Features Carbon Monoxide Detectors,Heat Detector,Smoke Detector