398 Olive Avenue

Investor opportunity! Bungalow duplex located in downtown Oshawa just minutes from the 401, shopping mall and walking distance to GO train. R2 zoning, located on a quiet dead end street in front of a small park for kids. Front Unit 1# offers 2 bedrooms,1 4pc bath 1 parking. Back Unit #2 offers 2 bedrooms,1 4pc bath space for 4parking. Great sized detached 12 X 20 garage. Front unit was used as Air B&B with city approved License. House was fully renovated in 2021 ready to move in. New roof, new floor, Newly runned electrical wiring upto date 200 AMP breakers, new pecs water line. Both units have their own hydro meter, Gas and water meter. Architect drawing available for future development for two townhomes,allowed by the city.

Purpose-Built Turnkey Legal Duplex In The Heart Of South Oshawa! This Beautifully Maintained Raised Bungalow Offers Two Fully Self-Contained Suites, Perfect For Investors Or End Users Looking To Offset Their Mortgage. The Upper Level Showcases A Bright And Spacious Layout With Three Generous Bedrooms, A Modern Full Bathroom, Large Sun-Filled Windows, And A Functional Eat-In Kitchen Ideal For Everyday Living. The Lower Suite Features Two Comfortable Bdrms, A Full Bathrm, A Separate Kit, And Oversized Above-Grade Windows Creating A Warm And Inviting Space For Tenants Or Ext Family. Extensively Updated Throughout The Years, This Property Inclds Improvements To Windows, Electrical Systems, Lighting, Flooring, Trim, And Laundry Facilities With Private Washers And Dryers. Each Unit Is Separately Metered For Hyd & Gas, Providing Convenience And Flexibility For Ownership. The Upper Unit Benefits From Forced Air Gas Heating With Central AC, While The Lower Unit Is Equipped With Efficient Baseboard Heating(Can Be Converted To Gas Forced Air) Situated On A Generous Lot Backing Onto A Peaceful Park Setting, This Property Offers Privacy And A Rare Connection To Green Space. Located In Desirable South Oshawa, You Are Just Steps To Schools, Community Amenities, Transit, And The Lakefront, With Quick Access To Shopping, Recreation, And The Beach. With Ample Parking And Strong Income Potential, This Is A Prime Opportunity To Own A Versatile And Income-Generating Property In A Growing Community. Current AAA Bsmt Tenant On Month-To-Month Looking To Stay. Pays $1471/Mth Plus Hydro. Main Floor Vacant Potential $2,600/Mth. Taxes $420/Mth Ins $200/Mth Water $175/Mth. POSITIVE CASH FLOW With 20% Down Payment.

Legal two-storey duplex located in Oshawa's sought-after O'Neill neighbourhood, offering a prime investment property or ideal owner-occupied income opportunity. This legal two-unit home features two self-contained units, each with separate entrances, separate driveways, private kitchens with dishwashers, and in-suite laundry. The main floor unit includes 1 bedroom plus den and one full washroom, while the upper unit has been recently upgraded and offers 2 bedrooms plus den and one full washroom, featuring new laundry appliances, new dishwasher, upgraded LED light fixtures, and new bedroom closet doors. Both units are equipped with central air conditioning and forced-air heating with individual heat sensors, providing efficient climate control. A turnkey duplex in a high-demand rental area, close to schools, transit, shopping, and amenities, making it an excellent opportunity for investors, first-time buyers with rental income, or multi-generational living in Durham Region.