Value
Photos
Map
$689,000
ESTIMATED
5 + 2
BEDROOMS
3
BATHROOMS
E8219304
MLSID

116 Summer Street, Oshawa

Instant Positive Cash Flow + 3 Unit Home, Legal Duplex With Basement Unit Non-Conforming + Live In One Unit & Rent The Other Units + Quiet Street End Street Leading To A Park + Premium Deep Lot! Unit 1 (Currently Vacant): Main Floor, 2 Bedrooms, Separate Laundry, Separate Entrance, 1 kitchen, 1 Full Bathroom, Living Space & Tons Of Storage. Unit 2: Main and Upper Floor, 3 Bedrooms, Separate Entrance Through Backyard, Walkout Deck, 1 Kitchen, 1 Full Bathroom & Shared Laundry With Basement Unit. Unit 3: Bsmt Unit W/Separate Entrance, 1 Kitchen, 2 Bedrooms, 1 Full Bathroom & Shared Laundry. Ideal For Investors Or First Time Home Buyers With Rent Paying For The Mortgage. Being Sold Under Market Value, Won't Last Too Long. Close To Schools, Shopping, Transit & Much More. Financials: Unit 1(Vacant): $2300, Unit 2: $2200 (Market Rent:$2300/month) + Unit 3: $1350 (Market Rent $1400/month). Gross Income: $5850/mt, Potential Gross Income: $6000/mt. Financials Attached.
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Sold History

SOLD
16 May 2024
$645,000
SOLD
13 February 2017
$500,000
SOLD
18 May 2014
$269,000
SOLD
15 November 2006
$205,000
SOLD
7 July 2006
$135,000

Summary

Address
116 Summer Street
City
Community
MLSID
E8219304
Property Type
Detached
Property Category
Bedrooms
5 + 2
Bathrooms
3
Kitchens
2 + 1
Taxes (Annual)
$4,560.00
Tax Year
2023
Published
April 10, 2024
Days on Market
441 Days
Possession Details
Tba
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Extras

All Existing Appliances (3 Fridges, 3 Stoves, 2 Washer & 2 Dryers, 3 Range hoods, 1 Dishwasher), All ELFs. 2 Separate Hydro Meters. Btv All Descriptions/Monetary Amounts/Measurements/Rentals.

Inclusions

2 Separate Hydro Meters.

Details

Bathroom 1
4-Piece Main Level
Bathroom 2
2-Piece Basement Level
Bathroom 3
4-Piece Main Level
Parking Spaces
4
Parking Total
4
Lot Width
40 Feet
Lot Depth
111 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with RE/MAX ROYAL PROPERTIES REALTY
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Date
Time
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