558 Lansdowne Drive, Oshawa
558 Lansdowne Drive in Oshawa - 11 bedroom, 6 bathroom. Listed at $1,245,000.
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.
Property Details
- Property Type: Mortgage
- Style: 2 1/2 Storey
- Square Footage: 4250 sqft
- Basement: Apartment
- Heating: Electric
- Cooling: Window Unit(s)
- Parking: 7 spaces
- Property Taxes: $12,242/yr
- Neighbourhood: Eastdale
- Postal Code: L1G 1W3
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