$1,299,000

Investment For Sale In Lakeview, Oshawa, Ontario

$1,299,000

Property Information:

An Amazing Investment Opportunity Or Live-In One Unit While The Other Two Are Rented To Generate Rental Income. Well-Suited For Investors Seeking Immediate Cash Flow, Or Owner-Occupants Looking To Offset Mortgage With Rental Income. This Newly Built All Brick Triplex Is A True Legal 3-Unit Apartment Building Built With The Highest Level Of Standards! Each Unit Is Equipped With Its Own Gas Meter, Hydro Meter, Electrical Panel, And Tankless Water Heater, Ensuring That Current Tenants Pay Their Own Utilities. The Versatility Of This Triplex Is Unmatched. All Units Are Above Ground And They All Have Front And Back Entrances. Each Unit Features An Overall Bright Open Concept Layout With A Laundry Room And A Utility Room And About 1228 Sq. Ft. Main Floor Unit Features Living, Dining & Kitchen With Open Plan Concept & Walkout To Deck. Primary Bedroom With Double Closet & 4 Pc Semi Ensuite, 2nd Bedroom With Walk-In Closet. Second And Third Floor Units Features Living, Dining & Kitchen With Open Concept & Walk Out To Balcony & Powder Room. Primary Bedroom With 2 Closets, & 4 Pc Semi Ensuite, 2nd Bedroom With Walk-In Closet. Mostly Newer Appliances, New Fencing And Landscaping. Unit Assigned Parking. Wise Investment In A City That Is Booming. **EXTRAS** Unit 1-Leased At $2,300 Per Month, Unit 2 Is Now Vacant ($2,300-$2,400 Potential), Unit 3 Leased $1,800/Month (Month To Month). Annual Expenses: Taxes $8,862.49, Insurance $2,470.00, Hydro $1,000.00, Water $1,781.99 (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Amenities: Separate Heating Controls, Separate Hydro Meters
  • Basement Type: None
  • Exterior Finish: Brick
  • Floor Space: 3500 - 5000 sqft
  • Flooring Type: Laminate
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning
  • Appliances: Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 6
  • Bathrooms: 5
  • Half Bathrooms: 2
  • Amenities Nearby: Park, Public Transit
  • Features: Irregular lot size
  • Fence Type: Fenced yard
  • Floor Space (approx): 3500 - 5000 Square Feet
  • Irregular: Yes
  • Landscape Features: Landscaped
  • Lot Depth: 120.2 Feet
  • Lot Frontage: 66.0 Feet
  • Lot Size: 66 x 120.2 FT ; 66.10'x120.17'x63.31'x4.07'x109.99'
  • Structure Type: Shed
  • Utility Type: Sewer - Installed, Hydro - Installed
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 4

Rooms:

  • Living 2nd Level 4.69 m x 3.30 m
  • Kitchen 2nd Level 6.20 m x 4.04 m
  • Dining 2nd Level 6.20 m x 4.04 m
  • Primary Bedroom 2nd Level 4.04 m x 3.62 m
  • 2nd Bedroom 2nd Level 3.84 m x 3.40 m
  • Living 3rd Level 4.69 m x 3.30 m
  • Kitchen 3rd Level 6.20 m x 4.04 m
  • Living Main Level 4.69 m x 3.30 m
  • Kitchen Main Level 6.20 m x 4.04 m
  • Dining Main Level 6.20 m x 4.04 m
  • Primary Bedroom Main Level 4.05 m x 3.62 m
  • 2nd Bedroom Main Level 3.04 m x 3.40 m

Courtesy of: SUTTON GROUP-TOWER REALTY LTD.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.

This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.