558 Lansdowne Drive,Oshawa (Eastdale), ON L1G1W3
Oshawa (Eastdale), ON L1G1W3
Description
Legal 6-Plex. 5.92% 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. (id:13843)
Details
| MLS # | E13503278 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 115 |
| Listing Provided By | CENTURY 21 WENDA ALLEN REALTY | MATT PHILLIPS |
Features
| Bed(s) | 11 |
|---|---|
| Bath(s) | 6 Total |
| SQ Feet | 3,500 |
| Basement | Y |
| Story(s) | 2 |
Interior
| Cooling | Window air conditioner |
|---|---|
| Heating | Baseboard heaters, Electric |
| Appliances | Washer, Refrigerator, Stove, Dryer |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Concrete |
|---|
Parking
| Parking Features | No Garage |
|---|---|
| Parking Total | 7 |
Utilities
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 12242 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Oshawa (Eastdale) |
| Postal Code | L1G1W3 |
| Listing VS Median (in L1G1W3) | |
Price: $1,100,000 low | high Med: $1,100,000 sqft: 3,500 low | high Med: 3,500 $ / sqft: $314 low | high Med: $314 On site: 115 low | high Med: 115 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Oshawa (Eastdale) |
| Postal Code | L1G1W3 |
| Listing VS Median (in L1G1W3) | |
Price: $1,100,000 low | high Med: $1,100,000 sqft: 3,500 low | high Med: 3,500 $ / sqft: $314 low | high Med: $314 On site: 115 low | high Med: 115 | |