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1137 Cedar St

Cedar StLakeviewOshawaON, L1J 3R8

5
Beds
2
Baths
-
$XXX,XXX

Very Profitable, Turn-Key, Legal 2-Unit Home on a large lot. Lower unit has been completely gutted and redone in 2015 under building code. Market Rents Today: Upper: $1600.00/m +util. Lower: $1400/m +util. Current upstairs tenant is excellent but paying only $1287.48 per month plus 55% of all utilities. Reach out to agent for options...

Very Profitable, Turn-Key, Legal 2-Unit Home on a large lot. Lower unit has been completely gutted and redone in 2015 under building code. Market Rents Today: Upper: $1600.00/m +util. Lower: $1400/m +util. Current upstairs tenant is excellent but paying only $1287.48 per month plus 55% of all utilities. Reach out to agent for options prior to offer. Lower unit is vacant as of Mar 1st. Private laundry in each unit. Side-by-side parking for 4+ vehicles in driveway plus an over-sized single-car garage. The roof is about 10 years old and is in good shape. New gas furnace in 2017. Central AC. Old windows throughout the home, however, utility costs are low and are paid by tenants. Attached pictures are from 2015, basement unit needs touch-ups. Potential for future redevelopment - the lot would easily accommodate 2 semi-detached homes with no development charges (buyers to do own diligence). *** Listing Agent is the owner of this property.

Property Details

Size

Sq. Ft. Not Available
11 total rooms
5 Beds
3 Above Grade - 2 Below Grade
2 Baths

Parking

5 Parking Spaces
-

Build

Year Built
1924 - 1972
Model Name
-
Basement
Finished, Full
Exterior
Brick
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
-
Cooling
Central Air

Utilities

Water
-
Sewer
Sewers
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Rooms

Kitchen

10′4″ x 17′4″

Living

12′2″ x 17′5″

Prim Bdrm

10′8″ x 9′8″

Br

8′1″ x 9′8″

Br

8′2″ x 9′5″

Bathroom

Bathroom

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Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2019-01-01
Property Tax Amount
$3,388.71

Source

Listing Brokerage

MLS® Listing
E6298926
Last Updated
September 15, 2023
Brokerage
Right At Home Realty Inc. Brokerage
Call us 800-591-0566

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