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Property Description
*Attention Investors* Legal 2-Unit Income Property located on a quiet street in a convenient location for families and commuters, this solid brick bungalow investment property features a 3 bedroom main floor unit and a 2 bedroom lower unit. Each unit has separate laundry and entrance. Perfect for families, it backs on to Eastview Park and is walking distance to BGC Durham, Clara Hughes Public School, St. Hedwig Catholic School. The property includes a detached garage and large storage shed. With a generous lot size and parking for 3 (plus garage) there is plenty of storage space and a large yard for relaxing. Separate hydro meters. Certificate Available. New flooring and painting lower as well as many recent updates. Easy access to 401 for commuters. This duplex is an incredible opportunity for first-time buyers who would like to offset the mortgage payment or investors looking for a cash flow positive, turnkey property. Don't miss out on this opportunity!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-22 | 2024-10-07 | 168 | $765,000 | - | Expired |
| 2024-04-22 | 2024-05-29 | 37 | $765,000 | $751,500 | Sold |
| 2024-04-22 | 2024-06-05 | 44 | $765,000 | $751,500 | Sold |
| 2024-02-08 | 2024-04-18 | 70 | $780,000 | - | Terminated |
| 2023-08-29 | 2024-01-12 | 136 | $745,000 | - | Terminated |
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Property Details
Street
Community
City
Property Type
Detached, Bungalow
Approximate Sq.Ft.
700-1100
Lot Size
40' x 122'
Fronting
East
Taxes
$4,390 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Private
Garage Type
Detached
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Oshawa Market Statistics
Oshawa Price Trend
202 Cadillac Ave S is a 3-bedroom 2-bathroom home listed for sale at $768,000, which is $20,188 (2.7%) higher than the average sold price of $747,812 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 3 bedroom home in Oshawa declined by $27,653 (3.6%) compared to the previous 30 day period (November 18 - December 17) and down $24,160 (3.1%) from the same time one year ago.Inventory Change
There were 76 3-bedroom homes listed in Oshawa over the last 30 days (December 18 - January 16), which is down 23.2% compared with the previous 30 day period (November 18 - December 17) and up 81.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Oshawa typically sold ($1,639) (0.2%) below asking price over the last 30 days (December 18 - January 16), which represents a $7,009 increase compared to the previous 30 day period (November 18 - December 17) and ($18,277) 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 3-bedroom homes in Oshawa over the last 30 days (December 18 - January 16) stood at 64.5%, down from 88.9% over the previous 30 days (November 18 - December 17) and down from 131.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom home in Oshawa stood at 22 days when successfully sold over the last 30 days (December 18 - January 16), compared to 71 days before being removed from the market upon being suspended or terminated.Listing contracted with Right At Home Realty
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