558 Lansdowne Drive Oshawa, Ontario L1G 1W3
$1,200,000
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. (id:49203)
Property Details
| MLS® Number | E13503278 |
| Property Type | Multi-family |
| Community Name | Eastdale |
| Equipment Type | None |
| Parking Space Total | 7 |
| Rental Equipment Type | None |
Building
| Bathroom Total | 6 |
| Bedrooms Above Ground | 11 |
| Bedrooms Total | 11 |
| Appliances | Dryer, Stove, Washer, Refrigerator |
| Basement Development | Finished |
| Basement Features | Apartment In Basement, Walk-up, Separate Entrance |
| Basement Type | N/a, N/a (finished), N/a, N/a |
| Cooling Type | Window Air Conditioner |
| Exterior Finish | Brick |
| Foundation Type | Concrete |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 3 |
| Size Interior | 3,500 - 5,000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 136 Ft ,6 In |
| Size Frontage | 75 Ft |
| Size Irregular | 75 X 136.5 Ft |
| Size Total Text | 75 X 136.5 Ft |
Utilities
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29969083/558-lansdowne-drive-oshawa-eastdale-eastdale
Contact Us
Contact us for more information
Matt Phillips
Salesperson
(905) 435-5800
mattphillipsteam.com/
www.facebook.com/realestatemattphillips
twitter.com/RealtorInDurham
(905) 649-3900
(905) 579-1309
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