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116 Summer St

Oshawa, ON L1H 2K9
  • $659,000
  • STATUS: Active
  • ON SITE: 26 Days
  • ID#: E7285170
UPDATED: 53 min ago
$659,000
  • 5
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
Neighbourhood:
Type:
Single-Family Home
County:
Area:

Description

Instant Positive Cash Flow + 3 Unit Home, Legal Duplex With Basement Unit Non-Conforming + Live In One Unit & Rent The Other Units + Quiet Street End Street Leading To A Park + Premium Deep Lot! Unit 1 (Currently Vacant): Main Floor, 2 Bedrooms, Separate Laundry, Separate Entrance, 1 kitchen, 1 Full Bathroom, Living Space & Tons Of Storage. Unit 2: Main and Upper Floor, 3 Bedrooms, Separate Entrance Through Backyard, Walkout Deck, 1 Kitchen, 1 Full Bathroom & Shared Laundry With Basement Unit. Unit 3: Bsmt Unit W/Separate Entrance, 1 Kitchen, 2 Bedrooms, 1 Full Bathroom & Shared Laundry. Ideal For Investors Or First Time Home Buyers With Rent Paying For The Mortgage. Being Sold Under Market Value, Won't Last Too Long. Close To Schools, Shopping, Transit & Much More. Financials: Unit 1(Vacant): $2300, Unit 2: $2200 (Market Rent:$2300/month) + Unit 3: $1350 (Market Rent $1400/month). Gross Income: $5850/mt, Potential Gross Income: $6000/mt. Financial Rent Roll Attached.

Extras: All Existing Appliances (3 Fridges, 3 Stoves, 2 Washer & 2 Dryers, 3 Range hoods, 1 Dishwasher), All ELFs. 2 Separate Hydro Meters

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Listing information © 2023 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Travassos Realty Group | Keller Willams Portfolio. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2023-12-05T09:40:55.053.
www.travassosrealtygroup.com/homes/145111856
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116 Summer St Oshawa, ON L1H 2K9

  • Price: $659,000
  • Status: Active
  • On Site: 26 Days
  • Updated: 53 min ago
  • ID#: E7285170
5
Beds
3
Baths
0
½ Baths
N/A
Acres
Neighbourhood:
Central
County:
Ontario
Area:
Oshawa
Property Description
Instant Positive Cash Flow + 3 Unit Home, Legal Duplex With Basement Unit Non-Conforming + Live In One Unit & Rent The Other Units + Quiet Street End Street Leading To A Park + Premium Deep Lot! Unit 1 (Currently Vacant): Main Floor, 2 Bedrooms, Separate Laundry, Separate Entrance, 1 kitchen, 1 Full Bathroom, Living Space & Tons Of Storage. Unit 2: Main and Upper Floor, 3 Bedrooms, Separate Entrance Through Backyard, Walkout Deck, 1 Kitchen, 1 Full Bathroom & Shared Laundry With Basement Unit. Unit 3: Bsmt Unit W/Separate Entrance, 1 Kitchen, 2 Bedrooms, 1 Full Bathroom & Shared Laundry. Ideal For Investors Or First Time Home Buyers With Rent Paying For The Mortgage. Being Sold Under Market Value, Won't Last Too Long. Close To Schools, Shopping, Transit & Much More. Financials: Unit 1(Vacant): $2300, Unit 2: $2200 (Market Rent:$2300/month) + Unit 3: $1350 (Market Rent $1400/month). Gross Income: $5850/mt, Potential Gross Income: $6000/mt. Financial Rent Roll Attached.

Extras: All Existing Appliances (3 Fridges, 3 Stoves, 2 Washer & 2 Dryers, 3 Range hoods, 1 Dishwasher), All ELFs. 2 Separate Hydro Meters
Exterior Features

Drive Private Exterior Alum Siding Fronting On N Garage Type None Lot Depth 111.39 Lot Front 40.04 Lot Size Code Feet Parking Spaces 4 Pool None Property Features Fenced YardHospitalLibraryParkPublic TransitSchool Style 1 1/2 Storey

Interior Features

Air Conditioning Central Air Basement ApartmentSep Entrance Bedrooms Plus 2 Family Room Yes Fireplace Or Stove No Heat Source Gas Heating Forced Air Kitchens 2 Kitchens Plus 1 Room1 Prim Bdrm Rooms 9 Rooms Plus 2

Property Features

Cross Streets Simcoe St S & Olive Ave Residential Type Detached Sale Or Lease Sale Seller Property Info Statement N Sewer Sewers Tax Year 2022 Taxes 4851.79 Total Parking Spaces 4.0 Water Municipal

Listing courtesy of Re/Max Royal Properties Realty.
Listing information © 2023 Toronto Real Estate Board. Information is deemed reliable but is not guaranteed accurate by TREB or Travassos Realty Group | Keller Willams Portfolio. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Date last updated: 2023-12-05T09:40:55.053.
 
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3284 Yonge St. #100
Toronto ON, M4N 2L6