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558 Lansdowne Drive Oshawa, Ontario

$1,350,000
11 Beds
  6 Full

PROPERTY INFO

Legal 6-Plex - 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 4.09% 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:4555)

PROPERTY SPECS

Price $1,350,000
City Oshawa, Ontario
Bed / Bath 11 / 6 Full
Address 558 Lansdowne Drive
Listing ID E13442162
Style Other
Parking 7.00
Type Multi-Family
Status For Sale

EXTENDED FEATURES

Ownership Freehold Basement Finished, Apartment in basement, Separate entrance, Walk-up, N/A Heating / Cooling Baseboard heaters, Electric Sewer Sanitary sewer Parking 7.00



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Windsor: 519-903-9355
Toronto: 905-220-7333
Office: 905-335-3042

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