750 Albert Street, Oshawa, ON L1H 4T6

$1,229,000
: 6
BD
: 5
BA
: 3,500
SqFt

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List Price: $1,229,000
MLS#: E13239206
Status: ACTIVE
Type: Multifamily
SubType: Triplex
Style: 3-Storey
Bedrooms: 6
Bathrooms: 5
Living Area: 3500-5000
Province: ON
Municipality: Oshawa
Area: Durham
Neighborhood: Lakeview
Subdivision: Simcoe/Albert

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Property Description

An Amazing Investment Opportunity Or Live-In One Unit WhIle The Other Two Are Rented To Generate Rental Income. Well-Suited For Investors Seeking Immediate Cash Flow, Or Owner-Occupants Looking To Offset Mortgage With Rental Income. This Newly Built All Brick Triplex Is A True Legal 3-Unit Apartment Building Built With The Highest Level Of Standards! Each Unit Is Equipped With Its Own Gas Meter, Hydro Meter, Electrical Panel And Tankless Water Heater, Ensuring That Current Tenants Pay Their Own Utilities. The Versatility Of This Triplex Is Unmatched. All Units Are Above Ground, And They All Have Front And Back Entrances. Each Unit Features An Overall Bright Open Concept Layout With Laundry Room And Utility Room And About 1228 Sq Ft. Main Floor Unit Features Living, Dining, & Kitchen With Open Plan Concept & Walkout To Deck. Primary Bedroom With 2 Closets, & 4 Pc Semi-Ensuite, 2nd Bedroom With Walk-In Closet. Mostly Newer Appliances, New Fencing And Landscaping. Unit Assigned Parking. Wise Investment In A City That Is Blooming. Unit 1 Leased At $2,300/Month, Unit 2 Leased At $2,200/Month, Unit 3 Leased $1,800/Month. Annual Expenses: Taxes $9,751.36, Insurance $2,470, Hydro $1,000, Water $1,781.99.

(647) 867-1763

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