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Donevan, Oshawa
$749,900
An excellent opportunity for investors seeking a legal, income-generating duplex in one of Oshawa's most welcoming and family friendly neighbourhoods. This well maintained property offers two self contained units, separately metered hydro, plenty of parking and a brand new roof, making it an attractive addition to any investment portfolio. The main level unit features luxury vinyl plank flooring thru-out, large windows and a sun-filled living room that flows seamlessly into a spacious eat-in kitchen. The unit offers three generous bedrooms and a renovated 4pc bathroom, providing a comfortable layout for tenants and strong rental appeal. The lower level unit is complete with a separate entrance, spacious living room, kitchen, two additional bedrooms and a 4pc bathroom. With two independent living spaces, individual laundry and separate hydro metering, the property provides excellent flexibility for an investor looking to generate rental income, live in one unit while renting the other or maximize the property's income potential. Located just minutes from schools, parks, shopping, Lakeview Park, public transit and Highway 401, the property is ideally positioned for both families and commuters. Vacant possession is available beginning of October, offering an investor the opportunity to take control of the property and establish their own rental strategy immediately.
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| Type | Detached |
| Style | Bungalow |
| Approx. Age | Not available |
| Size | 700-1100 sq. ft. |
| Property Tax | $5,198 |
| Lot Size | 50.04 ft x 100.1 ft |
| mls© Number | E13781756 |
| Listed By | Keller Williams Energy Real Estate |
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%
- $3,838
- Property tax
- $433
- Heat allowance
- $150
- Housing costs
- $4,421 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$136,000
gross annual household income
- Payment at 4%
- $3,156 / mo
- Cash down
- $149,980
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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