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116 Summer St

Summer StCentral OshawaOshawaON, L1H 2K9

7
Beds
3
Baths
$689,000
List Price
116 Summer St, Oshawa, ON - 1 of 3
116 Summer St, Oshawa, ON - 2 of 3
116 Summer St, Oshawa, ON - 3 of 3
New
21 days on market

Quick Summary

  • Positive cash flow with 3 units: main home and 2 rentals.
  • Legal duplex with non-conforming basement unit.
  • Quiet street end leading to a park.
  • Premium deep lot.
  • Ideal for investors or first-time home buyers.
  • Close to schools, shopping, transit, and more.
  • Sold under market value.
  • Includes appliances and separate hydro meters.

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... Show More

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: Bsmt Unit W/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. All Existing Appliances (3 Fridges, 3 Stoves, 2 Washer & 2 Dryers, 3 Range hoods, 1 Dishwasher), All ELFs. 2 Separate Hydro Meters. Btv All Descriptions/Monetary Amounts/Measurements/Rentals.

Property Details

Size

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

Parking

4 Parking Spaces
None

Build

Year Built
-
Model Name
-
Basement
Apartment, Sep Entrance
Exterior
Alum Siding
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced Air
Cooling
Central Air

Utilities

Water
-
Sewer
Sewers
SHOW LESS

Rooms

Living

10′ x 13′1″

Ownership Details

Ownership

Title
Freehold
Zoning
-

Taxes

Property Tax Year
2023-01-01
Property Tax Amount
$4,560

Source

Listing Brokerage

MLS® Listing
E8219304
Last Updated
April 12, 2024
Brokerage
RE/MAX ROYAL PROPERTIES REALTY
Call us 800-591-0566

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