$645,000
$689,000
6.4%For more information regarding the value of a property, please contact us for a free consultation.
116 Summer ST Oshawa, ON L1H 2K9
7 Beds
3 Baths
Key Details
Sold Price $645,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision Central
MLS Listing ID E8219304
Sold Date 06/18/24
Style 1 1/2 Storey
Bedrooms 7
Annual Tax Amount $4,560
Tax Year 2023
Property Sub-Type Detached
Property Description
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.
Location
Province ON
County Durham
Community Central
Area Durham
Rooms
Family Room Yes
Basement Apartment, Separate Entrance
Kitchen 3
Separate Den/Office 2
Interior
Interior Features Separate Hydro Meter
Cooling Central Air
Exterior
Parking Features Private
Pool None
Roof Type Unknown
Lot Frontage 40.04
Lot Depth 111.39
Total Parking Spaces 4
Building
Foundation Unknown
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