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Lakeview, Oshawa
$715,000
Renovated and Fully Vacant Purpose-Built Legal Duplex! Ideal for variety of uses, savvy homeowner looking to off-set their mortgage, family with in-laws or perfect for investor looking for a smart investment. Both spacious self-contained units have walkouts to yard as well as interior entrances and are separately metered. Many upgrades recently done including washrooms, kitchens, upper level windows and flooring. Common laundry room contains 2 sets of washer/dryers and hot water tanks. Parking for 3 cars with a large backyard. Great family friendly and convenient location with abundance of amenities within minutes of this property including elementary & high school, easy transit, swimming recreation, sports fields, and shopping. Fully vacant to set your own rents with potential income of $4250/month. Upper Unit $2400, Lower Unit $1850. Financials Available.
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| Type | Detached |
| Style | Bungalow-Raised |
| Approx. Age | Not available |
| Size | 1100-1500 sq. ft. |
| Property Tax | $4,787 |
| Lot Size | 55 ft x 125 ft |
| mls© Number | E13058890 |
| Listed By | RIGHT AT HOME REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,660
- Property tax
- $399
- Heat allowance
- $150
- Housing costs
- $4,209 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$129,000
gross annual household income
- Payment at 4%
- $3,009 / mo
- Cash down
- $143,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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