116 Summer St

Central, Oshawa, L1H 2K9
FOR SALE
$689,000
Sold
$645,000
116 Summer St, Oshawa
116 Summer St
116 Summer St
116 Summer St
116 Summer St
116 Summer St
116 Summer St
116 Summer St
116 Summer St
5 + 2
BEDROOMS
3
BATHROOMS
2 + 1
KITCHENS
9 + 2
ROOMS
E8219304
MLSID
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Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-04-10 2024-05-16 37 $689,000 $645,000 Sold
2023-11-08 2023-12-23 45 $659,000 - Terminated
2022-07-04 2022-09-13 71 $798,000 - Suspended
Property Description
Instant Positive Cash Flow + 3 Unit Home, Legal Duplex With Basement Unit Non-Conforming + Live In One Unit & Rent The Other Units + Quiet Street End Street Leading To A Park + Premium Deep Lot! Unit 1 (Currently Vacant): Main Floor, 2 Bedrooms, Separate Laundry, Separate Entrance, 1 Kitchen, 1 Full Bathroom, Living Space & Tons Of Storage. Unit 2: Main And Upper Floor, 3 Bedrooms, Separate Entrance Through Backyard, Walkout Deck, 1 Kitchen, 1 Full Bathroom & Shared Laundry With Basement Unit. Unit 3: Basement Unit With Separate Entrance, 1 Kitchen, 2 Bedrooms, 1 Full Bathroom & Shared Laundry. Ideal For Investors Or First Time Home Buyers With Rent Paying For The Mortgage. Being Sold Under Market Value, Won't Last Too Long. Close To Schools, Shopping, Transit & Much More. Financials: Unit 1(Vacant): $2300, Unit 2: $2200 (Market Rent:$2300/Month) + Unit 3: $1350 (Market Rent $1400/Month). Gross Income: $5850/Mt, Potential Gross Income: $6000/Mt. Financials Attached.
Extras
All Existing Appliances (3 Fridges, 3 Stoves, 2 Washer & 2 Dryers, 3 Range Hoods, 1 Dishwasher), All Electrical Lighting Fixtures. 2 Separate Hydro Meters. Btv All Descriptions/Monetary Amounts/Measurements/Rentals.
Nearby Intersections
Property Details
Street
Community
City
Property Type
Detached, 1 1/2 Storey
Similar Listings
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This updated 2 1/2 Storey Detached Home, Situated On A Desirable Corner Lot In The O'Neill Area, Boasts An Impressive Layout Of 1,455 sq ft + 540 sq ft Below Grade Featuring 4 + 1 Bedrooms And 3 Bathrooms. The Finished Basement Adds To The Home's Versatility, While The Open Concept Living, Dining, And Kitchen Areas Create An Inviting Space Ideal For Entertaining. Throughout, New Floors And Pot Lights Enhance The Ambiance. The Fenced Yard Offers Privacy And A Safe Space For Outdoor Activities. This Property Is Just Steps Away From The Parkwood National Historic Site, A Renowned Filming Location For Movies Like The X-Men, And Within Walking Distance To Excellent Schools, The Vibrant Downtown Oshawa, And A Variety Of Local Amenities. Additionally, It Provides Easy Access To Oshawa Go Station, Durham Region Transit, And Major Highways Including The 401, 418, 412, And 407. Offers Anytime. **EXTRAS** Built-in fan and light fixtures on main, Wi-Fi/Bluetooth controlled front door handle, programmable dimmer switches.
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