45 Fairbanks Street Oshawa, Ontario L1H 2L7

$699,999

This 3-unit property offers strong cash flow and appreciation potential in a high-demand location near Highway 401, the GO Station, Durham Transit, shopping, and schools. Currently generating $6,000/month in turnkey rental income, this property is ideal for investors or savvy buyers looking to live in one unit and rent out the others.Featuring 8 bedrooms, 4 bathrooms, and 3 self-contained units, each with its own legal kitchen and separate entrance, this home provides maximum flexibility and privacy for tenants. The property is equipped with 3 separate hydro meters, with shared water and gas utilities for simplified management. Main Unit: 4 Bedrooms | 2 Bathrooms, Basement Unit: 3 Bedrooms | 1 Bathroom, Upper Unit: 1 Bedroom | 1 Bathroom. Set on a spacious corner lot with 11 parking spaces, this property stands out as a rare find for multi-unit investors in Durham. Whether you are expanding your portfolio or seeking a property that pays for itself, this is an opportunity you don't want to miss! (id:59743)

Property Details

MLS® Number	E12451162
Property Type	Multi-family
Neigbourhood	Central
Community Name	Central
Parking Space Total	11

Building

Bathroom Total	4
Bedrooms Above Ground	8
Bedrooms Total	8
Amenities	Separate Electricity Meters
Appliances	Water Heater, Water Meter
Basement Development	Finished
Basement Features	Apartment In Basement
Basement Type	N/a (finished)
Cooling Type	Central Air Conditioning
Exterior Finish	Brick
Foundation Type	Concrete
Half Bath Total	1
Heating Fuel	Natural Gas
Heating Type	Forced Air
Stories Total	2
Size Interior	1,500 - 2,000 Ft2
Type	Duplex
Utility Water	Municipal Water

Parking

No Garage

Land

Acreage	No
Sewer	Sanitary Sewer
Size Depth	111 Ft ,8 In
Size Frontage	47 Ft ,6 In
Size Irregular	47.5 X 111.7 Ft
Size Total Text	47.5 X 111.7 Ft

Utilities

Cable	Installed
Electricity	Installed
Sewer	Installed

https://www.realtor.ca/real-estate/28965122/45-fairbanks-street-oshawa-central-central