Address
558 Lansdowne Drive, Oshawa, ON
Price
$ 1,200,000
Property Attributes
  • ID#E13503278
  • TypeMulti-Family
  • Listing Status Price Change
  • CityOshawa
  • AreaEastdale
  • NeighbourhoodEastdale
  • Postal CodeL1G 1W3
  • Style2 1/2 Storey
  • Taxes$ 12242
  • Price$ 1,200,000
  • Bedrooms11
  • Full Bathrooms6
  • Half Bathrooms0
  • Sqr Footage3500-5000
Data Source:
Toronto Real Estate Board (TRREB)
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.

Price History
6/30/2026 Listed $1,245,000
8/17/2026 4$1,200,000

General Features

Sewer Sewer
Cooling Window Unit(s)
Roof Flat
Architectural Style 2 1/2 Storey
Pool Features None
Construction Materials Brick
Heater Type Baseboard
Parking Spaces 7
Property Subtype Multiplex
Tax Year 2025
Lot Depth 136.5
County Durham
New Construction No
Property Type Residential Freehold
Attached Garage No
Facing Direction North
Garage Y/N No
Status Price Change
City Oshawa
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 12242.0
Standard Status Active
Occupancy Type Tenant
Legal Description PT LT 19 PL 685 OSHAWA; PT LT 20 PL 685 OSHAWA AS IN D343418; S/T OS101293 CITY OF OSHAWA

Interior Features

Interior Amenities None
Basement Apartment,Finished,Walk-Up,Separate Entrance
Heat Source Electric
Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 11
Elevator? No
Total Baths 6
Bedrooms 11
Living Area Range 3500-5000

Exterior Features

Waterfront None
Parking Features Private
Total Parking 7.0
Garage Type None
Foundation Details Concrete
Spa No
Lot Size Source MPAC
Waterfront Y/N No
Covered Spaces 0.0

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
Visits
AVG 2
117
Data Provided by Inside Real Estate®