About 558 Lansdowne Drive
Legal 6-Plex - 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% 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.
Features of 558 Lansdowne Drive
| MLS® # | E13503278 |
|---|---|
| Price | $1,300,000 |
| Bedrooms | 11 |
| Bathrooms | 6.00 |
| Square Footage | 3500-5000 |
| Type | Residential Freehold |
| Sub-Type | Multiplex |
| Style | 2 1/2 Storey |
| Status | Active |
Community Information
| Address | 558 Lansdowne Drive |
|---|---|
| Area | Durham |
| Subdivision | Eastdale |
| City | Oshawa |
| Province | ON |
| Postal Code | L1G 1W3 |
Amenities
| Parking Spaces | 7 |
|---|---|
| Garages | None |
| Is Waterfront | No |
| Waterfront | None |
| Pool | None |
| # of Kitchens | 6 |
Interior
| Heating | Baseboard |
|---|---|
| Cooling | Window Unit(s) |
| Fireplace | No |
| Basement | Apartment, Finished, Walk-Up, Separate Entrance |
Exterior
| Exterior | Brick |
|---|
Additional Information
| Taxes | $12,242.00 |
|---|---|
| Fronting On (NSEW) | North |
| Driveway | Private |
| Maintenance Fee | $0.00 |
| Directions/Intersection | Adelaide/ Wilson |
| Has Locker | No |
| Days On Website | 40 |
Listing Details
| Office | CENTURY 21 WENDA ALLEN REALTY |
|---|