116 Summer Street Sold 9 months ago

Oshawa, Central, L1H 2K9

$689,000$000000

Description

Listed by RE/MAX ROYAL PROPERTIES REALTY.

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. Financials Attached.

All Existing Appliances (3 Fridges, 3 Stoves, 2 Washer & 2 Dryers, 3 Range hoods, 1 Dishwasher), All ELFs. 2 Separate Hydro Meters. Btv All Descriptions/Monetary Amounts/Measurements/Rentals.

Location

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  • Address: 116 Summer Street
  • Neighborhood: Central
  • City: Oshawa
  • State: Ontario
  • Postal Code: L1H 2K9

Property Details

  • Property ID: E8219304
  • Property Price: $689,000
  • Style: Detached, 1 1/2 Storey
  • Rooms: 9+2
  • Bedrooms: 5+2
  • Bath: 3
  • Parking Spaces: 4
  • A/C: Central Air
  • Basement: Apartment, Sep Entrance
  • Den: Y
  • Exterior: Alum Siding
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $4,560.00 (2023)
  • Lot: 111.39x40.04 (Feet)

Room details and dimensions

Statistics for similar Detached homes in Central

The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.

Average days on market for similar Detached homes in Central

The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.

Number of transactions for similar Detached homes in Central

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100