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New7 days ago

1855 Dalhousie Crescent

Samac, Oshawa

$824,999

Detached|2-Storey
3 | 3 | 5
About this home

Licensed. Leased. Income from day one. Rare opportunity to acquire a detached home currently licensed under the City of Oshawa's Residential Rental Housing License (RRHL) program for four rental bedrooms, ideally located within walking distance of Durham College and Ontario Tech University. This property offers immediate rental income from closing and presents an excellent opportunity for investors seeking an established income-producing property in one of Durham Region's strongest student rental markets. Configured with three bedrooms on the upper level and a fourth licensed bedroom in the finished basement, the home also features an additional basement bathroom, wet bar and separate family room. Complete with an attached garage and a large backyard. Parking for up to five vehicles (four in the driveway and one in the garage) provides added convenience for tenants and future owners alike. The property is currently licensed for four rental bedrooms under the City's RRHL program. The licence is due for renewal in September 2026, and the seller is willing to assist the purchaser with the City's licensing process. Beyond its investment appeal, this detached home also offers long-term flexibility. Continue operating it as a licensed rental property or hold it as a future family home in a desirable north Oshawa neighbourhood close to parks, schools, shopping, restaurants, transit and everyday amenities. A unique opportunity to acquire a licensed rental property with immediate income today and long-term flexibility for tomorrow.

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Got questions?

Contact Sell with Strategy.

Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$5,388
Lot Size26.73 ft x 107.63 ft
mls© NumberE13615990
Listed ByRE/MAX Jazz INC.

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%
$4,223
Property tax
$449
Heat allowance
$150
Housing costs
$4,822 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $165,000
25-yr amortization

Income needed

$148,000

gross annual household income

Payment at 4%
$3,472 / mo
Cash down
$165,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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