388 Wolfe Street For Sale

Oshawa, Lakeview, L1H 3V1

$795,000

Description

Listed by SUTTON GROUP-HERITAGE REALTY INC..

Legal two-unit raised bungalow - ideal for investment or multi-generational living! The beautifully maintained raised bungalow offers a legal two-unit designation, providing fantastic flexibility for investor or homeowners looking to generate rental income. Live in one unit and rent out to other to help offset your mortgage legally or use both as a full investment property! The home features 3+1 bedrooms with the option to convert the basement family room into a two-bedroom unit for increased rental potential. The primary bedroom offers a walkout to the backyard and the layout includes 2 bathrooms, 2 living rooms, 2 kitchens, 1 family. The shared laundry room is conveniently open to the family room which could be converted into another bedroom for the upper unit or incorporated into the basement apartment to create a larger two-bedroom unit. The property boasts a spacious driveway accommodating 6-8 vehicles, a large backyard perfect for family enjoyment and a generous shed with upper loft - ideal for storage or workspace. Located close to schools, parks, essential amenities and minutes from the 401, 412 & 418, this home is in a prime location for tenants and homeowners alike. Income potential: upper unit $2,400-$2,500 plus a percentage of utilities, lower unit (1 bedroom): $1,600-$1,700 plus a percentage of utilities, lower unit (converted to 2 bedrooms) could yield $1,850-$1,950 plus a percentage of utilities. Don't miss this fantastic opportunity!

Furnace & equipment, all electrical light fixtures, stainless steel fridge, stainless steel dishwasher, stainless steel stove, stainless steel built-in microwave, washer and dryer, white fridge, white stove......... ((Central air conditioning (as is) ))

Location

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  • Address: 388 Wolfe Street
  • Neighborhood: Lakeview
  • City: Oshawa
  • State: Ontario
  • Postal Code: L1H 3V1

Property Video

Property Details

  • Property ID: E12052816
  • Property Price: $795,000
  • Style: Detached, Bungalow-Raised
  • Rooms: 5+4
  • Bedrooms: 3+2
  • Bath: 2
  • Parking Spaces: 7
  • A/C: Central Air
  • Basement: Apartment, Sep Entrance
  • Central Vac.: Y
  • Den: N
  • Exterior: Brick, Vinyl Siding
  • Heating: Forced Air
  • Fireplace: N
  • Taxes: $4,023.20 (2024)
  • Lot: 140.72x50.05 (Feet)

Room details and dimensions

Statistics for similar Detached homes in Lakeview

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 Lakeview

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 Lakeview

Recently Sold

  • Detached House sold at 718 Grandview Drive, Oshawa, Donevan, L1H 7W2 - MLS: E11966646
    • Sold 32 days ago

    718 Grandview Drive

    Oshawa, Donevan, L1H 7W2

    $699,800

    $000000

  • Detached House sold at 77 Springdale Crescent, Oshawa, Donevan, L1H 7B9 - MLS: E11987624
    • Sold 28 days ago

    77 Springdale Crescent

    Oshawa, Donevan, L1H 7B9

    $699,900

    $000000

  • Detached House sold at 143 Merivale Court, Oshawa, Donevan, L1H 8S4 - MLS: E12005454
    • Sold 15 days ago

    143 Merivale Court

    Oshawa, Donevan, L1H 8S4

    $825,000

    $000000

  • Contact Manoj Kukreja

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

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