116 Summer Street

Oshawa, ONDetached
$728,000
MLS® E13770056
Detached7 beds3 baths4 total
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About This Property

Welcome to 116 Summer St! $$$ Updated Investment Opportunity In Central Oshawa with ALL UNITS VACANT! This Legal Duplex With An Additional Non-Conforming Basement Unit Offers 7 Bedrooms, 3 Kitchens & 3 Full Bathrooms, With Combined Rental Potential Of $6,000+/Month*! Situated On A Quiet Dead-End Street Leading To A Park, This Versatile Property Features A Premium Deep Lot & Flexible Living Arrangements-Ideal For Investors, Multi-Generational Families Or Buyers Looking To Live In One Unit & Generate Rental Income From The Others. Unit 1 Features 2 Main-Floor Bedrooms, A Separate Entrance, Private Laundry, A Kitchen, A Full Bathroom, Comfortable Living Space & Abundant Storage. Unit 2 Spans The Main & Upper Floors, Offering 3 Bedrooms, A Separate Backyard Entrance, A Walkout To A Deck, A Kitchen & A Full Bathroom. The Basement Unit Features Its Own Separate Entrance, 2 Bedrooms, A Kitchen & A Full Bathroom, With Laundry Shared With Unit 2. Extensive Updates Add To The Appeal Of This Income-Generating Opportunity In An Established Neighbourhood. Conveniently Located Close To Schools, Shopping, Transit & Parks. A Fantastic Opportunity To Set Your Own Rental Rates & Build Your Investment Portfolio Or Offset Your Mortgage With Rental Income! *Projected Rental Income To Be Verified By Buyer*. Do Not Miss This One!! (id:63604)

Key Facts

Type
Detached
Beds
7
Baths
3
Size
1,500 sqft
Lot
40 x 111.4 FT
Parking
4 total

Highlights

  • Refrigerator
  • Dishwasher
  • Stove
  • Dryer
  • Hood Fan
  • Two Washers
  • Water Heater
Property Details 16 details
Bedrooms
7 bedrooms
5 above grade + 2 below grade
Bathrooms
3 bathrooms
Parking
4 parking spaces
No Garage
Living area
1,500 - 2,000 sq. ft.
Property
Single Family · Freehold · Detached
Property subtype
Single Family
Structure type
House
Ownership
Freehold
Attached status
Detached
Storeys
1.50
Basement
Apartment in basement, Separate entrance
Heating
Forced air, Natural gas
Cooling
Central air conditioning
Fireplace
No
Lot dimensions
40 x 111.4 FT
Frontage
40 feet
Taxes
$5,765.75
Water source
Municipal water
Sewer
Sanitary sewer

Interior features

RefrigeratorDishwasherStoveDryerHood FanTwo WashersWater HeaterSeparate Electricity Meters

Exterior features

Aluminum siding

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Mortgage & Affordability Estimate monthly costs
Mortgage Tools Buyer/Seller Snapshot
Purchase price$728,000
Down paymentNot available
Mortgage amountNot available
Principal & interestNot available
Property taxesNot available
Condo/HOA feeNot available
Insurance/OtherNot available
UtilitiesNot available
Est. monthly totalNot available
Income needed (GDS 32%)Not available
Estimates only. Not financial advice. Rates, taxes and fees vary by lender and municipality.

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Neighbourhood

Area
Central
City
Oshawa
Postal code
L1H 2K9
Nearby
Cross Streets: Simcoe St S & Olive Ave. ** Directions: Park on driveway.
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