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Property Description
Explore this fully renovated home in the desirable Lakeview area, featuring a legal basement suite, ideal for investors or homeowners looking to offset mortgage costs. Each unit boasts its own separate entrance, laundry, and electrical meter, ensuring privacy, convenience, and ease of management. The high-standard renovations appeal to discerning tenants, making this property not just a homebut a viable income source. Located in a prime area, it combines comfort with financialpotential, perfect for those aiming to invest smartly or live economically.
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Extras
The owners make no guarantee on furnace, tankless hot water (owned), two fridges, two stoves, two setsof washer and dryers.
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Property Details
Street
Community
City
Property Type
Duplex, Bungalow
Lot Size
52' x 112'
Fronting
North
Taxes
$4,376 (2023)
Basement
Apartment
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
3
Driveway
Available
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 27.99' x 30.15' | Vinyl Floor, Window |
| Living | Main | 38.75' x 46.29' | Vinyl Floor, W/O To Sundeck |
| Breakfast | Main | 27.99' x 29.07' | Vinyl Floor, W/O To Sundeck |
| Prim Bdrm | Main | 33.37' x 35.53' | Vinyl Floor, Closet |
| 2nd Br | Main | 26.25' x 35.53' | Vinyl Floor, B/I Closet |
| 3rd Br | Main | 27.99' x 35.53' | Vinyl Floor, B/I Closet |
| Kitchen | Bsmt | 31.50' x 33.69' | Vinyl Floor, Window |
| Living | Bsmt | 55.97' x 77.40' | Vinyl Floor, Large Window, Open Concept |
| Prim Bdrm | Bsmt | 30.15' x 45.21' | Vinyl Floor, B/I Shelves, Window |
| Br | Bsmt | 27.99' x 33.17' | Vinyl Floor, Window, B/I Closet |
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Oshawa Market Statistics
Oshawa Price Trend
87 Wellington Ave is a 3-bedroom 2-bathroom home listed for sale at $788,000, which is $2,043 (0.3%) lower than the average sold price of $790,043 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Oshawa increased by $6,553 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $32,960 (4.0%) from the same time one year ago.Inventory Change
There were 200 3-bedroom homes listed in Oshawa over the last 30 days (April 14 - May 13), which is up 53.8% compared with the previous 30 day period (March 15 - April 13) and up 28.2% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Oshawa typically sold $53,150 (6.7%) above asking price over the last 30 days (April 14 - May 13), which represents a $5,791 increase compared to the previous 30 day period (March 15 - April 13) and $100,673 less 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 (April 14 - May 13) stood at 53.0%, down from 114.6% over the previous 30 days (March 15 - April 13) and down from 87.2% 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 10 days when successfully sold over the last 30 days (April 14 - May 13), compared to 38 days before being removed from the market upon being suspended or terminated.Listing contracted with The Agency
Similar Listings
Explore this fully renovated home in the desirable Lakeview area, featuring a legal basementsuite, ideal for investors or homeowners looking to offset mortgage costs. Both units are rented,providing immediate income. Each unit boasts its own entrance, laundry, and electrical meter,ensuring privacy, convenience, and ease of management. The high-standard renovations appeal to discerning tenants, making this property not just a homebut a viable income source. Located in a prime area, it combines comfort with financialpotential, perfect for those aiming to invest smartly or live economically.
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