558 Lansdowne Drive, Oshawa, ON L1G 1W3
Oshawa, ON L1G 1W3
About this property
Legal 6-Plex. 5.92% 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.
Property facts & features
- Property type
- Multiplex
- MLS® number
- E13503278
- Source status
- Price Change
- Bedrooms
- 11
- Bathrooms
- 6
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- L1G 1W3
- Parking spaces
- 7
- Garage
- None
- Lot depth (source units)
- 136.5
- Annual property tax
- 12242
- Basement
- Apartment, Finished, Walk-Up, Separate Entrance
- Laundry
- Not provided
- Interior features
- None
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
Price Change · $1,200,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Oshawa →Listing brokerage: CENTURY 21 WENDA ALLEN REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® E13503278. Information deemed reliable but not guaranteed.