Address
558 Lansdowne Drive, Oshawa, ON
Price
$ 1,200,000
Property Attributes
  • ID#E13503278
  • TypeMulti-Family
  • Listing Status Active
  • MunicipalityOshawa
  • CityOshawa
  • NeighbourhoodEastdale
  • Postal CodeL1G 1W3
  • Style14
  • Price$ 1,200,000
  • Bedrooms11
  • Bathrooms6
  • Half Bathrooms0
  • Sqr Footage5000
Data Source:
RLP - CREA EN
Property Description

Legal 6-Plex. 5.43 CAP%. Turnkey Investment in High-Demand Neighbourhood. Well-maintained, all-brick legal 6-unit building on a large 75' x 136' lot. Features 5 spacious 2-bedroom units and 1 one-bedroom unit, each with its own bathroom (five 4-piece and one 3-piece), private storage locker, and dedicated parking spot. Four units include private balconies.Recent updates include a new Goodyear White Membrane flat roof, some windows, flooring, appliances, paved driveway, glass sliding doors, and flooring. All units have 60-amp panels.Additional highlights: on-site coin laundry, solid terrazzo staircases (front & rear) with fire-code compliant doors/locks, and excellent access throughout. Tenants pay hydro & hot water: landlord pays heat. 7 parking spots total with room for more.This turnkey property is currently occupied by A++ long-term tenants and offers a 5.43% cap rate with strong upside potential for increased returns over time. Located in a quiet, highly desirable neighbourhood - walking distance to schools, Costco Plaza, and all amenities.

General Features

Terms SALE
Neighbourhood Eastdale
Property Sub Type MULTI-FAMILY
jumpId 28564684
Property Subtype French MULTI-FAMILY
Listing Type French Investment
MLS E13503278
Appliances Dryer, Stove, Washer, Refrigerator
Building Type Other
Property Type Multi-family
Sewer Sanitary sewer

Interior Features

Living Area Range 5000 sqft
Bedrooms 11
Basement Finished
Basement Type N/A, N/A, N/A, N/A
Cooling Type Window air conditioner
Foundation Type Concrete
Heating Fuel Electric
Heating Type Baseboard heaters
Beds 11
Total Baths 6
Total Baths 6

Exterior Features

Exterior Finish Brick
Parking Type No Garage

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in L1G 1W3

Price
AVG $1.2M
$1.2M