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Lakeview, Oshawa, ON L1J 1K8
$725,000
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
Purpose-Built Turnkey Legal Duplex In The Heart Of South Oshawa! This Beautifully Maintained Raised Bungalow Offers Two Fully Self-Contained Suites, Perfect For Investors Or End Users Looking To Offset Their Mortgage. The Upper Level Showcases A Bright And Spacious Layout With Three Generous Bedrooms, A Modern Full Bathroom, Large Sun-Filled Windows, And A Functional Eat-In Kitchen Ideal For Everyday Living. The Lower Suite Features Two Comfortable Bdrms, A Full Bathrm, A Separate Kit, And Oversized Above-Grade Windows Creating A Warm And Inviting Space For Tenants Or Ext Family. Extensively Updated Throughout The Years, This Property Inclds Improvements To Windows, Electrical Systems, Lighting, Flooring, Trim, And Laundry Facilities With Private Washers And Dryers. Each Unit Is Separately Metered For Hyd & Gas, Providing Convenience And Flexibility For Ownership. The Upper Unit Benefits From Forced Air Gas Heating With Central AC, While The Lower Unit Is Equipped With Efficient Baseboard Heating(Can Be Converted To Gas Forced Air) Situated On A Generous Lot Backing Onto A Peaceful Park Setting, This Property Offers Privacy And A Rare Connection To Green Space. Located In Desirable South Oshawa, You Are Just Steps To Schools, Community Amenities, Transit, And The Lakefront, With Quick Access To Shopping, Recreation, And The Beach. With Ample Parking And Strong Income Potential, This Is A Prime Opportunity To Own A Versatile And Income-Generating Property In A Growing Community. Current AAA Bsmt Tenant On Month-To-Month Looking To Stay. Pays $1471/Mth Plus Hydro. Main Floor Vacant Potential $2,600/Mth. Taxes $420/Mth Ins $200/Mth Water $175/Mth. POSITIVE CASH FLOW With 20% Down Payment.