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4 + 2
BEDROOMS3
BATHROOMS2 + 1
KITCHENS8 + 4
ROOMSE10426733
MLSIDContact Us
Property Description
Well maintained triplex on a quiet residential street built in 2015. Offers a great investment opportunity, close to all amenities, public transportation and Hwy 401. Each unit is self contained, has its own hydro, & gas meter. All units have their own ensuite laundry. This is a turn key investment with nothing to do but collect rental income with little maintenance. Tenants pay for Hydro, Gas & Hot Water Rental Tank.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-10-11 | 2023-10-27 | 16 | $1,800 | $1,700 | Leased |
2020-12-17 | 2020-12-23 | 6 | $1,450 | $1,450 | Leased |
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Property Details
Street
Community
City
Property Type
Triplex, 2-Storey
Lot Size
43' x 127'
Fronting
South
Taxes
$7,001 (2024)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
4
Driveway
Private
Garage Type
None
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Oshawa Market Statistics
Oshawa Price Trend
159 Tresane St is a 4-bedroom 3-bathroom home listed for sale at $1,199,900, which is $208,861 (21.1%) higher than the average sold price of $991,039 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 4 bedroom home in Oshawa declined by $31,086 (3.0%) compared to the previous 30 day period (September 21 - October 20) and up $12,177 (1.2%) from the same time one year ago.Inventory Change
There were 99 4-bedroom homes listed in Oshawa over the last 30 days (October 21 - November 19), which is down 1.0% compared with the previous 30 day period (September 21 - October 20) and up 13.8% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom homes in Oshawa typically sold ($10,142) (1.0%) below asking price over the last 30 days (October 21 - November 19), which represents a $6,887 increase compared to the previous 30 day period (September 21 - October 20) and ($25,627) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 4-bedroom homes in Oshawa over the last 30 days (October 21 - November 19) stood at 38.4%, down from 44.0% over the previous 30 days (September 21 - October 20) and up from 33.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 3-bathroom home in Oshawa stood at 18 days when successfully sold over the last 30 days (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Frank Real Estate
Similar Listings
Legal Triplex in good location walking distance to Oshawa Shopping Centre. Stable tenants. 2- 2 bdrm apts, 1-1 bdrm apts. Rents: Apt.1 - $1,306.87, Apt. 2 - $$937.75, Apt 3 - $1,435.36. Expenses for 2023 - Natural Gas $1,360.68, Water and Sewer $1,445.86, Electricity $789.72. Each tenant pays their own electricity, there are separate hydro meters. Garage in backyard, storage lockers in laundry room, coin operated washer/dryer. Well maintained building.
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