$1,099,999
ESTIMATED
5
BEDROOMS
3
BATHROOMS
E8019588
MLSID
1055 Ravine Road, Oshawa
Attention Investors, and Who will live in One Unit and Rent Out 2 Units to Financial Freedom Fast, Beat the Hot Spring Market Rush now and own this solid Triplex of 2-2 Bedrooms completely renovated units now VACANT TO SET YOUR OWN MARKET RENTS, and 1-1 Bedroom Lower unit rented for $1,334 and Tenant is to be assumed by the Buyer, and comes with 65x132 feet hard to find lot, R5-A Zoning to add 1-3 More Units later on, 2009 Shingles, 2017 Gas Furnace, Updated Vinyl Windows, Parking for 8 Cars, 2480 sq ft in total, 4 Separate Hydro Meters, 3 Hot Water Tanks, and $56,667 Estimated Net Operating Income with on Estimated Rental Rates of $2,300 Plus Hydro for 2nd and 3rd Flr Unit and Actual Expenses for year 2022. Do not waite for Bidding war, come out, see and Buy this solid Investment. Location close to 401, shopping, parks, school, and Recreational Centre. Hurry! Will not last. See Photos and Virtual Tour.
Sold History
SOLD
5 March 2024
$1,025,000
SOLD
26 October 2018
$560,000
SOLD
2 June 2014
$387,000
Summary
Address
1055 Ravine Road
City
Community
Street
MLSID
E8019588
Property Type
Triplex
Property Category
Bedrooms
5
Bathrooms
3
Kitchens
3
Zoning
R5-A Up to Six Units
Taxes (Annual)
$5,546.12
Tax Year
2023
Published
January 24, 2024
Days on Market
659 Days
Possession Details
Immediate/Tba
Extras
2-2 Bedrooms identical units are renovated with New Kitchens, Quartz Counters, Paint, Laminate Floors, Doors, Bathrooms, Porcelain Tiles, and Can get Market rent range of $2,200 to $2,500 Plus Hydro.
Inclusions
2 New S/S Fridges, 2 New S/S Stoves, 2 New S/S Hood Fans, Washer and Dryer in Laundry and Fridge and Stove in Basement, 2 HWT are owned, 1 rented @16.94 Plus HST and Heat Protection Plan $24.99 Plus HST per month
Details
Parking Spaces
8
Parking Total
8
Roof
[]
Construction Materials
[]
Lot Width
65 Feet
Lot Depth
132 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Partial
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
