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Royal LePage
Royal LePage
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$699,999

Oshawa (Central) ON, L1H 2L7

MLS® # E12451162

Property Information:

This 3-unit property offers strong cash flow and appreciation potential in a high-demand location near Highway 401, the GO Station, Durham Transit, shopping, and schools. Currently generating $6,000/month in turnkey rental income, this property is ideal for investors or savvy buyers looking to live in one unit and rent out the others.Featuring 8 bedrooms, 4 bathrooms, and 3 self-contained units, each with its own legal kitchen and separate entrance, this home provides maximum flexibility and privacy for tenants. The property is equipped with 3 separate hydro meters, with shared water and gas utilities for simplified management. Main Unit: 4 Bedrooms | 2 Bathrooms, Basement Unit: 3 Bedrooms | 1 Bathroom, Upper Unit: 1 Bedroom | 1 Bathroom. Set on a spacious corner lot with 11 parking spaces, this property stands out as a rare find for multi-unit investors in Durham. Whether you are expanding your portfolio or seeking a property that pays for itself, this is an opportunity you don't want to miss! (id:27)

Building Features:

  • Style: Duplex
  • Building Type: Duplex
  • Amenities: Separate Hydro Meters
  • Basement Development: Finished
  • Basement Type: N/A, N/A
  • Exterior Finish: Brick
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Water meter

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 8
  • Bathrooms: 4
  • Half Bathrooms: 1
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 111.7 Feet
  • Lot Frontage: 47.5 Feet
  • Lot Size: 47.5 x 111.7 FT
  • Utility Type: Cable - Installed, Hydro - Installed, Sewer - Installed
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 11

Courtesy of: REVEL REALTY INC.

REALTOR.ca  

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⚠ Potential Investment Performance

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Location of 45 FAIRBANKS STREET, Oshawa (Central), Ontario, L1H 2L7

Demographic Information of 45 FAIRBANKS STREET, Oshawa (Central), Ontario, L1H 2L7

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$83,686.87

Average Number of Children

1.69

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.25 %

High school certificate or equivalent

38.11 %

Apprenticeship trade certificate/diploma

6.42 %

College/non-university certificate

19.11 %

University certificate (below bachelor)

0.91 %

University Degree

9.2 %

Commuter

Travel To Work

By Car

82.34 %

By Public Transit

7.26 %

By Walking

7.05 %

By Bicycle

0.0 %

By Other Methods

3.35 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

46.06 %

Houses

53.94 %

Own Vs. Rent

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