Property Information:

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 4.44% 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:27)

Building Features:

Style: Multiplex
Building Type: Other
Air Conditioning: Yes
Basement Development: Finished
Basement Type: N/A, N/A, N/A, N/A
Exterior Finish: Brick
Floor Space: 3500 - 5000 sqft
Foundation Type: Concrete
Heating Type: Baseboard heaters
Heating Fuel: Electric
Cooling Type: Window air conditioner
Appliances: Dryer, Stove, Washer, Refrigerator

Property Features:

Property Type: Multi-family
Bedrooms: 11
Bathrooms: 6
Floor Space (approx): 3500 - 5000 Square Feet
Irregular: Yes
Lot Depth: 136.5 Feet
Lot Frontage: 75 Feet
Lot Size: 75 x 136.5 FT
Utility Type: Sewer - Installed, Cable - Installed, Hydro - Installed
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 7

Courtesy of: CENTURY 21 WENDA ALLEN REALTY

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Demographic Information of 558 LANSDOWNE DRIVE, Oshawa, Ontario, L1G 1W3

Life Stage

Nearly Retired

Employment Type

Service Sector/White Collar

Average Household Income

$109,792.47

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.34 %

High school certificate or equivalent

34.44 %

Apprenticeship trade certificate/diploma

7.83 %

College/non-university certificate

26.61 %

University certificate (below bachelor)

1.66 %

University Degree

12.12 %

Commuter

Travel To Work

By Car

89.76 %

By Public Transit

3.56 %

By Walking

0.38 %

By Bicycle

0.0 %

By Other Methods

6.3 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

14.42 %

Houses

85.58 %

558 LANSDOWNE DRIVE, Oshawa, Ontario, L1G 1W3