1055 Ravine Rd

Lakeview, Oshawa, L1H 4C9
FOR SALE
$1,099,999
Sold
$1,025,000
1055 Ravine Rd, Oshawa
1055 Ravine Rd
1055 Ravine Rd
1055 Ravine Rd
1055 Ravine Rd
1055 Ravine Rd
1055 Ravine Rd
1055 Ravine Rd
1055 Ravine Rd
1055 Ravine Rd
5
BEDROOMS
3
BATHROOMS
3
KITCHENS
14 + 1
ROOMS
E8019588
MLSID
Contact Us
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-01-24 2024-03-04 42 $1,099,999 $1,025,000 Sold
2023-12-05 2024-01-22 48 $1,199,800 - Terminated
2023-11-25 2023-12-05 10 $1,249,900 - Terminated
2023-09-22 2023-11-26 65 $1,293,800 - Terminated
Property Description
Attention Investors, and Who will live in One Unit and Rent Out 2 Units to Financial Freedom Fast, Beat the Hot Spring Market Rush now and own this solid Triplex of 2-2 Bedrooms completely renovated units now VACANT TO SET YOUR OWN MARKET RENTS, and 1-1 Bedroom Lower unit rented for $1,334 and Tenant is to be assumed by the Buyer, and comes with 65x132 feet hard to find lot, R5-A Zoning to add 1-3 More Units later on, 2009 Shingles, 2017 Gas Furnace, Updated Vinyl Windows, Parking for 8 Cars, 2480 sq ft in total, 4 Separate Hydro Meters, 3 Hot Water Tanks, and $56,667 Estimated Net Operating Income with on Estimated Rental Rates of $2,300 Plus Hydro for 2nd and 3rd Flr Unit and Actual Expenses for year 2022. Do not waite for Bidding war, come out, see and Buy this solid Investment. Location close to 401, shopping, parks, school, and Recreational Centre. Hurry! Will not last. See Photos and Virtual Tour.
Extras
2-2 Bedrooms identical units are renovated with New Kitchens, Quartz Counters, Paint, Laminate Floors, Doors, Bathrooms, Porcelain Tiles, and Can get Market rent range of $2,200 to $2,500 Plus Hydro.
Nearby Intersections
Property Features
Golf, Lake/Pond, Library, Place Of Worship, Rec Centre, School
Property Details
Street
Community
City
Property Type
Triplex, 3-Storey
Approximate Sq.Ft.
2500-3000
Lot Size
65' x 132'
Fronting
East
Taxes
$5,546 (2023)
Basement
Sep Entrance, W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Parking Spaces
8
Driveway
Pvt Double
Garage Type
None
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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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