558 Lansdowne Drive,Oshawa, ON L1G 1W3
Oshawa, ON L1G 1W3
Description
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.
Details
| MLS # | E13503278 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 60 |
| Listing Provided By | CENTURY 21 WENDA ALLEN REALTY | E13503278 016200 |
Features
| Bed(s) | 11 |
|---|---|
| Bath(s) | 6 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.24 |
| Water Front | None |
Interior
| Interior Features | None |
|---|---|
| Cooling | Window Unit(s) |
| Heat Source | Electric |
| Fireplace Yes / No | No |
Exterior
| Roof | Flat |
|---|---|
| Foundation Details | Concrete |
| Construction Materials | Brick |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Private |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 12242 |
|---|---|
| Tax Legal Description | PT LT 19 PL 685 OSHAWA; PT LT 20 PL 685 OSHAWA AS IN D343418; S/T OS101293 CITY OF OSHAWA |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| Region | Durham |
| City | Oshawa |
| Postal Code | L1G 1W3 |
| Area | Eastdale |
| Listing VS Median (in L1G 1W3) | |
Price: $1,200,000 low | high Med: $0 On site: 60 low | high Med: | |
Request a showing
Request a showing
Contact
Learn More About This Property
| Province | ON |
|---|---|
| Region | Durham |
| City | Oshawa |
| Postal Code | L1G 1W3 |
| Area | Eastdale |
| Listing VS Median (in L1G 1W3) | |
Price: $1,200,000 low | high Med: $0 On site: 60 low | high Med: | |
