558 LANSDOWNE DRIVE
Oshawa (Eastdale), Ontario
MLS® E13503278
$1,200,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- E13503278
- Bedrooms
- 11
- Bathrooms
- 6
- Year built
- —
1 / 14Listing description
Legal 6-Plex. 5. 43 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.
Property summary
- MLS® number
- E13503278
- Property type
- Multi-family
- Building type
- Other
- Land size
- 75 x 136.5 FT
- Annual property taxes
- $12,242.00
- Parking
- 7 spaces · No Garage
- Days on market
- 80 days
Features & details
- Heating
- Baseboard heaters, Electric
- Cooling
- Window air conditioner
- Basement
- Finished, Apartment in basement, Separate entrance, Walk-up, N/A, N/A, N/A, N/A
- Appliances
- Washer, Refrigerator, Stove, Dryer
- Exterior features
- Brick
What would this home cost you?
Based on the $1,200,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of CENTURY 21 WENDA ALLEN REALTY, WHITBY.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.