1033 Ravine Road, Oshawa - Sold for $1,560,000 | Modern Solution Realty

1033 Ravine Road, Oshawa

1033 Ravine Road in Oshawa - 11 bedroom, 6 bathroom. Sold for $1,560,000. Listed at $1,625,000.

6.1% Cap including Maintenance, Super & Vacancy. Excellent brick 6 unit apartment building (5 x 2 Bd, 1 x 1 Bd) in the sought-after Lakeview neighborhood with phenomenal Curb appeal. 1-2 bedroom unit presently vacant. Close to all amenities, walking distance to 6 different parks, 5 Schools and public transit. All units have large principal rooms and vinyl/hardwood floors throughout. Many units have been updated in the last 4 years. Front and rear entrances for each unit (except unit 6), separate hydro meters, separate Electric hot water tanks with Tenants paying hydro. Shared laundry in the lower level & Ample onsite parking present opportunities for additional future income. Boiler replaced - 2021, Fire retrofit - 2021, Roof ~12 yrs old, Plumbing upgraded - 2021.

Property Details

  • Property Type: Mortgage
  • Style: 2-Storey
  • Square Footage: 4250 sqft
  • Basement: Finished
  • Heating: Gas
  • Cooling: None
  • Parking: 9 spaces
  • Property Taxes: $12,805/yr
  • Neighbourhood: Lakeview
  • Postal Code: L1H 4C9

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