Property Description
A Fantastic Investment Opportunity In A Highly Walkable Location Close To All Amenities. This Legal Duplex Features Two Private Units, Each With Its Own Entrance. The Main Floor Offers 2 Bedrooms And 1 Bath, While The Upper Unit Includes 1 Bedroom & 1 Bath. Additional Highlights Include A Generous Backyard, Parking For Two Cars, And Onsite Coin-Operated Laundry. Numerous Updates Completed, Including A New Furnace (2021), Air Conditioner (2020), And Updated Windows Throughout (Excluding Basement), Flooring And Soffits Upgraded, Garden Shed, Kitchen Counters And Cabinets Upgraded, Added Insulation between Floors, Basement Professionally Waterproofed. Main floor is vacant ($1,900 + utilities) & upstairs tenant pays $1,600 + utilities ( tenant will vacate if required) Both units separate hydro meters & share gas. Investor Summary - 158 Celina St, Oshawa Excellent opportunity to acquire a legal duplex in a strong Oshawa rental location. This property generates $42,000 in gross annual income with a solid 7.16% cap rate. With conservative financing at a 3.89% interest rate and 30% down, investors can expect strong positive cash flow of approximately $13,800 annually. Two self-contained units provide diversified income streams, making this an ideal addition to any investment portfolio. Some staging is AI generated. (id:63357)
Property Details
- Bedrooms
- 3
- Bathrooms
- 2
- Stories
- 2.0
- Status
- Active
Location & Neighborhood
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