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Sandeep Mehra
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558 Lansdowne Drive, Osha...

Durham, L1G 1W3
  • 3500-5000 Sq-Ft
  • 11 Bedrooms
  • - Garage
  • 6 Bathroom
Start From
$ 1,200,000

Descripation

Legal 6-Plex. 5.43 CAP%. Turnkey Investment in High-Demand Neighbourhood. Well-maintained, all-brick legal 6-unit building on a large 75' x 136' lot. Features 5 spacious 2-bedroom units and 1 one-bedroom unit, each with its own bathroom (five 4-piece and one 3-piece), private storage locker, and dedicated parking spot. Four units include private balconies.Recent updates include a new Goodyear White Membrane flat roof, some windows, flooring, appliances, paved driveway, glass sliding doors, and flooring. All units have 60-amp panels.Additional highlights: on-site coin laundry, solid terrazzo staircases (front & rear) with fire-code compliant doors/locks, and excellent access throughout. Tenants pay hydro & hot water: landlord pays heat. 7 parking spots total with room for more.This turnkey property is currently occupied by A++ long-term tenants and offers a 5.43% cap rate with strong upside potential for increased returns over time. Located in a quiet, highly desirable neighbourhood - walking distance to schools, Costco Plaza, and all amenities.

Essential Information

  • Price: $1200000
  • For: Residential Freehold
  • Property Types: Multiplex
  • Area: 3500-5000 SQFT
  • Country: CA
  • City: Oshawa
  • Garages:
  • Bedrooms: 11
  • Bathrooms: 6

Amenities

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